ASIA'S FINANCIAL INFRASTRUCTURE

Money that moves

A regulated stablecoin that’s reserve-backed, audited, and built to do more than sit still

Issued by BitGo Bank & Trust, N.A.1:1 reserve backingMonthly third-party reserve attestation

69%

YoY growth in APAC
on-chain activity

Fastest-growing region

$2.5T

APAC volume
forecast — 3 years

~60% of flows originate in Asia

No USD stablecoin issued by a U.S.-regulated bank has been built Asia-first.

Trust first.
Then money moves freely

Issued by BitGo Bank & Trust, N.A.1:1 reserve backingMonthly third-party reserve attestation

FYUSD is issued by BitGo Bank & Trust, National Association, and backed 1:1 by reserve assets held and managed by BitGo. Reserve composition is examined monthly by an independent registered public accounting firm and published by BitGo.

BitGo is chartered and supervised by the U.S. Office of the Comptroller of the Currency. OCC supervision of BitGo is not an approval or endorsement of FYUSD, Fypher, FYPE, or any yield product.

FYUSD coin

Money that doesn’t sit still

A stablecoin that only holds value is doing half its job. FYUSD keeps its compliant, reserve-backed base — then lets you put idle dollars to work whenever you choose.

1 FYUSD = $1.00

Redeemable 1:1 for U.S. dollars by eligible, onboarded persons through BitGo, subject to BitGo’s published redemption policy, minimum thresholds, and compliance screening.

Issuer
BitGo Bank & Trust, National Association (U.S. national trust bank, OCC-supervised)
Backing
Reserve-backed 1:1; reserves held and managed by BitGo
Interest / Yield
None. FYUSD does not pay or accrue interest or yield
Redemption
1:1 for USD, for eligible onboarded persons, per BitGo’s published redemption policy
Access
In jurisdictions where lawful

How FYUSD is
issued and reserved

Asia deserves
its own rails

Asia moves the world’s goods, ships and savings. Its dollars still run on someone else’s rails. FYUSD is issued, supervised and settled in the region it serves.

Singapore

Regional treasury and settlement hub

Hong Kong

Licensed stablecoin regime, deep USD liquidity

Vietnam

Export corridors that settle in dollars

How the
vault works

01

Deposit USDT, USDC or FYUSD

Bring the dollars you already hold. The deposit is recorded on chain before anything moves.

02

Swapped into vFYUSD

vFYUSD is the receipt for a vault position. It tracks the deposit while the strategy runs.

03

Earn from the vault

The vault puts the deposit to work through a third-party strategy. Returns accrue to your vFYUSD balance — variable, and never guaranteed.

Who we build with

Issuance, security audit and vault strategy partners working with Fypher today. More to be announced.

See the latest from Fypher

Singapore Supertrees rendered in the Fypher glyph style

FYUSD · FEB 2026

Fypher selects BitGo Bank & Trust as issuer and custodian for FYUSD

Issuance and reserve custody for Asia’s dollar stablecoin now run on regulated, bank-grade infrastructure — live today, ahead of regional rollout.

Get the dollar that
does more