KuCoin is partnering with FinChain to integrate FUSD into its RWA Collateral Mirroring Solution (RCMS), an off-exchange collateral framework for institutional clients. The arrangement allows eligible yield-bearing FUSD held within a designated custody framework to have its collateral value mapped to relevant KuCoin trading accounts without being sold or transferred to KuCoin. FUSD is backed by real-world assets (RWAs), including money market funds and highly rated government bonds. The integration is intended to let institutions preserve existing custody and yield arrangements while accessing KuCoin’s liquidity, execution, risk-control and position-management capabilities. KuCoin and FinChain said they will continue working on collateral eligibility, custody connectivity, risk parameters and offshore market expansion.