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Seoul, July 1. 2026
Fypher, issuer of the FYUSD dollar stablecoin, today announced the launch of fypherfi.com, enabling users to swap and deploy FYUSD through a unified platform. With BitGo as the primary custodian of FYUSD, and audits completed by CertiK, Fypher showcases best-in-class partners at launch.
Concrete, by Blueprint Finance, is an institutional-grade decentralized finance vault infrastructure platform, powering Fypher’s vault-based yield programmes.
Users can access on-chain yield opportunities via Concrete Vaults. Yields are variable and strategy-dependent across real-world assets, staking, and lending. Custody of assets will be handled by BitGo, one of the world's largest and most established digital asset custodians.
"FYUSD isn't just a stablecoin, it's the dollar layer that makes compliant yield possible,” said Paul Kim, founder of Fypher. “We are proud to launch fypherfi.com, providing a streamlined access to an infrastructure that is designed so that you can hold a digital dollar and plug it directly into compliant, on-chain yield strategies without taking on the complexity or regulatory ambiguity that typically comes with DeFi."
Asia drives over 60% of global stablecoin volume, yet regulated, yield-bearing USD infrastructure purpose-built for the region has remained largely absent.
As regulatory frameworks are maturing across Asia, with initiatives such as Singapore's Project Guardian, a collaboration between the Monetary Authority of Singapore and major financial institutions including JPMorgan, DBS, and HSBC, it signals the growing institutional appetite for tokenized financial infrastructure.
Concurrently, proposed US legislation such as the GENIUS Act is reshaping how stablecoin issuers structure their products and separate yield-bearing functions from base issuance.
Built for institutional and retail investors alike, Concrete’s FYUSD yield strategies on fypherfi.com mirrors established conventions in traditional finance, where asset managers and issuers operate independently.
Both Fypher and Blueprint Finance said this architecture is designed in consideration of relevant regulatory regimes, while giving institutions the clarity and compliance infrastructure they require to participate in on-chain markets.
Nic Roberts-Huntley, CEO of Blueprint Finance, said the collaboration is designed to make DeFi genuinely usable for institutional participants:
"Our approach is a 'compliance-by-design' framework, focusing on controlled access, clear rules, and structured risk frameworks," he said.
Roberts-Huntley highlighted the opportunity for institutions to convert idle capital into productive assets through Concrete's yield strategies, which span lending, staking, and real-world asset investments.
"The collaboration between FYUSD and Concrete is designed to deploy capital more efficiently and more transparently, delivering stable returns via risk-managed yield strategies while maintaining security and custody."
About Fypher and FYUSD
Fypher is a project for next-generation stablecoin and digital settlement initiative and FYUSD is Fypher's U.S. dollar-backed stablecoin designed for institutional and enterprise use across the Asian stablecoin ecosystem.
For more information, please visit https://www.fypherfi.com.
About Blueprint Finance
Blueprint Finance is a multi-chain DeFi infrastructure company and the core developer of both the Ethereum-based Concrete and Solana-based Glow Finance.
Concrete powers tokenized DeFi native asset management and the creation of new derivatives for any asset, while Glow powers optimized asset growth, trading, and lending on Solana.
The company's quantitative framework transforms complex DeFi mechanisms into products that work reliably for both institutions and individuals alike.
By eliminating traditional DeFi pain points like liquidation risk and capital fragmentation, Blueprint is building the technical foundation for broader institutional adoption of decentralized finance.
Media Contact
- Fypher: fypher@headstream.agency
- Concrete: blueprint@wachsman.com
