what's Fypher?

Fypher is a modular stablecoin infrastructure suite developed by New Frontier Labs LLC, designed as Stablecoin 2.0 for institutional and enterprise use in Asia. It centers around FYUSD, a fully fiat-backed, U.S. dollar-pegged stablecoin compliant with the GENIUS Act framework, featuring 1:1 reserves in cash or short-term U.S. Treasuries held in segregated custody by BitGo Bank & Trust. The platform emphasizes regulatory alignment, including AML/KYC, independent attestations, and permissioned minting/redemption processes for payments, remittances, treasury management, trading settlement, and programmable payments. Fypher's architecture separates trust (FYUSD reserves), liquidity, yield, and execution layers, enabling autonomous AI-agent commerce on a programmable settlement layer. Reserves are bankruptcy-remote and institutionally custodied, with interoperability for enterprise APIs and banking systems. It reinvests ecosystem value into regional finance, targeting Asia-Pacific markets with U.S.-grade standards adapted for local regulations.