Latest news with #USDf
Business Insider
12 hours ago
- Business
- Business Insider
Falcon Finance Unveils Ambitious Roadmap and Reaches 1B in USDf Circulating Supply
Dubai, UAE, July 29th, 2025, Chainwire Falcon Finance today released its strategic roadmap for the next 18 months, marking its evolution from a synthetic-dollar innovator into a full-service financial institution that seamlessly connects traditional banking, centralized crypto and decentralized finance. Since its launch earlier this year, Falcon has reached $1 billion in USDf circulating supply, earning a place among Ethereum's top ten stablecoins by market cap, completed the industry's first live mint of USDf against Superstate's tokenized U.S. Treasury fund, and secured a 116 percent over-collateralization audit from milestones have established Falcon's reputation for institutional rigor and transparent risk management. Building on that foundation, Falcon's priorities for the remainder of 2025 include opening regulated fiat corridors in Latin America, Turkey, the eurozone and additional dollar markets to ensure 24/7 USDf liquidity with sub-second settlement SLAs. A multichain deployment will bring USDf to leading Layer 1 and Layer 2 networks, maximizing cross-chain capital efficiency for corporate treasuries and institutional trading desks. At the same time, Falcon will form partnerships with licensed custodians and payment agents to introduce bankable USDf products, overnight yield cash-management solutions, tokenized money-market funds and physical gold redemption services. Concurrent discussions with U.S. and international regulators aim to secure licenses under the GENIUS and CLARITY Acts and align Falcon's offerings with Europe's MiCA framework. Looking ahead to 2026, Falcon will deploy a modular real-world asset engine capable of onboarding corporate bonds, private credit and securitized USDf funds through SPV-backed structures. The protocol will expand into tokenized equities and USDf-centric investment vehicles on-chain, while developing bank-grade securitizations and licensed rails for automated yield distribution with institutional-level reporting. Falcon will also roll out expanded physical redemption services for gold and other high-value assets in key financial centers including the UAE, the broader MENA region and Hong Kong. Andrei Grachev, Managing Partner at Falcon Finance, said 'Surpassing $1 billion in USDf supply, validating our reserves through third-party audits and delivering the first live RWA mint have proven our ability to marry compliance with innovation. Now, by extending our fiat rails across every major market, modularizing real-world asset tokenization and enabling seamless interoperability between TradFi and CeDeFi, we are creating the connective tissue of tomorrow's financial system. Falcon is building a single, programmable liquidity layer that serves both institutional treasuries and the next generation of decentralized applications.' About Falcon Finance Falcon Finance is building the infrastructure layer that connects capital, collateral, and composability across onchain and offchain financial systems. Our mission is to create a unified framework where institutions, protocols, and capital allocators can transform assets into usable liquidity - transparently, securely, and with strategic flexibility. We enable the use of any yield-generating, custody-ready asset - whether crypto-native, tokenized real-world, or fiat-linked as enforceable collateral for issuing onchain liquidity and unlocking value across different financial domains. By combining legal structure, composable mint/redeem logic, and modular liquidity pathways, Falcon allows capital to move between forms and contexts supporting onchain strategies, institutional deployment, and real-world settlement alike. Learn more: Contact
Business Insider
5 days ago
- Business
- Business Insider
Falcon Finance Launches New Transparency Dashboard Providing Full Transparency Into USDf Reserves
Dubai, UAE, July 25th, 2025, Chainwire Synthetic dollar protocol Falcon Finance has announced the launch of a new Transparency Dashboard designed to provide full transparency into the assets backing USDf. The dashboard displays a detailed breakdown of USDf reserves by asset type, custody provider, and the percentage held onchain and has been independently verified by auditor HT Digital. Falcon's Transparency Dashboard reveals total reserves of over $708M, resulting in USD having an over-collateralization ratio that currently stands at 108%. This data shows that there are sufficient assets held in custody to cover the circulating supply of USDf, which has now reached $660M. The dashboard also provides detailed information on the composition of the assets Falcon holds in reserve. These comprise $431M of BTC and $96M of stablecoins, with the remainder, amounting to $190M, including various altcoins as well as non-crypto assets. Designed to demonstrate Proof of Reserves and to give users transparency into Falcon's operations, the dashboard is updated regularly to show the latest metrics concerning its stablecoin protocol. In addition to showing the composition of assets Falcon holds, its dashboard includes a graph detailing the custodians holding them, which include Ceffu and Fireblocks, with the remainder held onchain. The full value of assets held by each custodian is displayed, giving 100% transparency into all of the reserves Falcon has on hand. Aside from BTC, stablecoins, and altcoins, Falcon holds smaller quantities of ETH and SOL as well as $100K of tokenized T-bills that are custodied with Fireblocks. Other data accessible within Falcon Finance's new Transparency Dashboard includes the total supply of sUSDf, the yield-bearing version of the stablecoin, which provides stakers with a variable APY of 12.8%. The current supply of sUSDf stands at 289M, meaning around 44% of all USDf is presently staked. Falcon Finance has committed to publishing quarterly reports that are independently audited. These will provide public attestation of the reserves that Falcon holds and give even greater insights into its financial management. Falcon users as well as third parties can view the new Transparency Dashboard at Falcon Finance is a next-generation synthetic dollar protocol. Preserving users' multi-assets with industry competitive yields across any market conditions, it sets a new standard in the industry, along with transparency, security, and institutional-grade risk management. Learn more: Contact Managing Partner
Business Insider
17-07-2025
- Business
- Business Insider
Falcon Finance Tops $600M in USDf Supply as DeFi Demand Surges
Dubai, UAE, July 17th, 2025, Chainwire Synthetic dollar protocol Falcon Finance has announced that the total supply of its USDf synthetic dollar has surpassed $600M. The latest milestone, achieved just five weeks after crossing $500M, highlights the protocol's rapid growth and the increasing demand for its yield-generating asset that is being widely integrated into DeFi protocols. The total supply of the dollar-pegged USDf has been rising steadily for months and now stands at $648M, with a TVL of $685M, which represents the total value of crypto assets that have been deposited by its users. These assets are backed by a 115% overcollateralization rate that is fully verifiable through daily reserve attestations. Demand for USDf has been fueled by strong uptake of the Falcon Miles points program, complemented by enhanced transparency measures, such as daily proof-of-reserve attestations and the establishment of quarterly ISAE 3000 assurance reviews by Harris & Trotter LLP. The recent launch of the first onchain mint using tokenized U.S. Treasuries via Superstate's USTB has bridged real-world assets with DeFi liquidity, while a partnership with BitGo provides secure institutional custody and paves the way for fiat ramps and staking integrations. In addition, Falcon has expanded its cross-chain presence to XRPL EVM via Axelar and BNB Chain, boosting capital efficiency across the multi-chain landscape. Opportunities to utilize USDf have grown with integrations across DeFi protocols, including a USDf spot market on WOO X and Pendle tokens like PT-sUSDf on Morpho's lending and borrowing platform, allowing users to supply sUSDf as collateral while earning yield. After depositing stablecoins or crypto assets, including BTC and ETH, Falcon users can mint USDf, which serves as an overcollateralized stablecoin. Users who then elect to stake their USDf can mint a corresponding amount of sUSDf, the yield-generating version of Falcon's dual-token stablecoin. The yield available on sUSDf is variable but currently stands at an APY of 10.8%. It's designed to remain competitive through diversified sources, including funding rate arbitrage, cross-exchange strategies, and now tokenized real-world assets. Unlike other synthetic dollar protocols that rely solely on positive funding rate arbitrage, the yield distributed to USDf stakers is derived from multiple sources. This ensures a consistent yield regardless of market conditions. As part of its long-term user growth strategy, Falcon has expanded its Falcon Miles ecosystem-wide points program and is now rewarding activity across minting, staking, LPing, and referrals with up to 60x multipliers. The program includes retroactive drops and has extended to additional onchain integrations with the likes of Pendle, Euler, Morpho, Napier, and Spectra as the Falcon ecosystem evolves. With more chain integrations, additional vaults, and further expansions to Falcon Miles underway, Falcon Finance is rapidly advancing its goal of making USDf a cornerstone of the DeFi landscape. Contact Managing Partner
Business Insider
11-07-2025
- Business
- Business Insider
Falcon Finance Launches Miles Program to Reward DeFi Users of the Synthetic Dollar Economy
Dubai, UAE, July 11th, 2025, Chainwire Falcon Finance, a next-generation synthetic dollar protocol, has launched the Pilot Season of Falcon Miles. This DeFi-native rewards program supports the onchain growth of USDf by incentivizing users who contribute to liquidity and participate in Falcon's DeFi activity. The Miles program now covers three reward tracks: liquidity provisioning, yield tokenization and lending markets. It is designed to align long-term incentives with meaningful protocol activity. Participants can earn Miles by: Supplying USDf liquidity on leading DEXs including Uniswap v3, Curve, Balancer, PancakeSwap, and Bunni Putting USDf or sUSDf to work in protocols like Pendle, Morpho, Spectra, Napier, and Euler via yield tokenization and money markets Inviting others to engage with the Falcon app and contribute to its ecosystem growth This marks a milestone for synthetic dollar ecosystems. Falcon is among the first protocols to unify rewards across DeFi liquidity, lending, and yield platforms, creating a system that ties real onchain activity to long-term value. The Miles program is designed to reward meaningful participation across DeFi. Users earn a minimum of 1 Mile for every $1 of eligible activity, with multipliers ranging from 6x to 72x for high-impact actions like providing liquidity or engaging in lending and yield tokenization strategies. Whether users mint USDf, stake sUSDf, or hold it after acquiring from DEXs or centralized exchanges like Bitfinex and WOO X, every DeFi interaction contributes to their Miles balance. A dedicated dashboard in the Falcon App updates daily, allowing users to track rewards and view applicable multipliers in real time. The Pilot Season sets the foundation for broader expansion. Phase 2 will introduce more DeFi integrations and reward paths as Falcon continues to scale the synthetic dollar economy. Contact Managing Partner
Business Insider
18-06-2025
- Business
- Business Insider
Falcon Finance Launches Pilot Season of Falcon Miles Points Program to Reward Ecosystem Participants
Dubai, UAE, June 18th, 2025, Chainwire Synthetic dollar protocol Falcon Finance has announced the Pilot Season of Falcon Miles, a rewards program designed to incentivize and recognize participants within the Falcon ecosystem. The initiative rewards users for core activities such as staking and minting tokens. The Falcon Miles Pilot Season marks the first chapter of a program designed to evolve with its community. Participants earn Miles based on their activities within the Falcon app, with every $1 of value generating 1 Mile and capable of being amplified by action-specific multipliers. For example: Minting $10,000 of USDf via Classic Mint with non-stablecoins at an 8x multiplier yields 80,000 Miles Holding $10,000 of USDf in a wallet for one day at a 6x multiplier earns 60,000 Miles Miles are calculated and displayed daily, reflecting the previous day's activity. Users can mint USDf through Falcon's Classic or Innovative Mint, or alternatively purchase the token on DEXs or centralized exchanges like Bitfinex and WOO X. Additional rewards are available for staking USDf for sUSDf, restaking for Boosted Yield, or trading on Uniswap v3. Falcon Miles are designed to incentivize participants who have contributed to the growth of the Falcon protocol. The program retroactively rewards liquidity providers who have seeded pools from day one, recognizing their critical role in supporting USDf adoption. USDf is live on major Ethereum DEXes, including Uniswap v3, Curve, Balancer, PancakeSwap, and Bunni, and accessible via aggregators like CoW Swap, 1inch, and KyberSwap. Trading volume on Uniswap v3 is also eligible for daily Miles, further deepening liquidity. To maximize uptake, Falcon's referral program is designed to support community growth, offering up to 10% of a new user's Miles to the referrer. Social tasks and community campaigns will unlock additional ways to earn Miles, which will play a central role in Falcon's evolving ecosystem moving forward. Pilot Season is just the beginning. Falcon Finance plans to introduce new reward opportunities, including yield tokenization, money markets, and bribe aggregators. The launch of Falcon Miles will catalyze adoption while rewarding existing users of Falcon Finance, whose synthetic dollar protocol now has a TVL of over $650M with a USDf supply of $560M. About Falcon Finance Contact Managing Partner
