Search results for "USDF"
08:19

Falcon Finance updates the complete asset details of USDf reserves.

According to BlockBeats news, on September 2, Falcon Finance updated the complete asset details of USDf on its official website. The data shows that 96.3% of the reserve assets in USDf are major assets with strong market Depth and high trading platform coverage, such as BTC and stablecoin. As of the time of publication, the total reserve asset value of USDf is 1.29 billion USD, with an asset support ratio of 105.09%.
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06:57

The decoupling of USDf has raised questions, and DWF Labs CEO promises to disclose details of the $630 million reserve funds.

DWF Labs CEO Andrei Grachev promised to provide more details next week about the $630 million in crypto assets backing USDf. USDf is a stablecoin issued by Falcon Finance, designed to be pegged to the US dollar, but it has recently struggled to maintain the $1 peg. Although Falcon claims its assets exceed collateral requirements, critics on social media question the liquidity and transparency of its reserve assets. Grachev stated that most of Falcon's crypto assets are held in stablecoins and Bitcoin, but about 96% of the reserve assets are off-chain reserves that cannot be independently verified. He also emphasized that USDf adopts a market-neutral strategy and claims that the peg mechanism of USDf is naturally maintained by traders. However, critics express concerns about the design of the stablecoin and potential liquidity risks.
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ENA-11.13%
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01:07

The stablecoin USDF has now re-pegged to 0.9951 USD.

According to BlockBeats news, on July 9, the stablecoin USDF from Falcon Finance briefly depegged to 0.9432 USD last night, but has now re-pegged to 0.9951 USD. Falcon Finance is supported by DWF Labs, and yesterday DWF Labs responded to the "brief depegging of the stablecoin USDF": the over-collateralization rate of reserves is 116%.
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13:08

Falcon Finance stablecoin supply exceeds 500 million US dollars

BlockBeats News: On June 3, synthetic dollar protocol Falcon Finance announced that its total supply of synthetic dollar USDf has exceeded $500 million. As the full open beta of Falcon approaches, demand for this versatile asset continues to grow. Currently, the total supply of USDf pegged to the US dollar has exceeded $520 million, a figure that has continued to rise steadily since Falcon opened the protocol to retail and institutional users on the whitelist. Falcon's total lock-up (TVL) is now $589 million.
06:54

Tether CEO: Tether.ai is about to be launched, aiming to support USDT and Bitcoin payments.

Tether CEO Paolo Ardoino announced the launch of Tether.ai, introducing the Personal Infinite Intelligence product. This product is an Open Source AI Runtime that supports any hardware and device without the need for a Secret Key, has no centralized points of failure, and integrates WDK to support USDF and Bitcoin payments. Tether AI technology will establish a peer-to-peer network composed of billions of AI agents.
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BTC-2.8%
13:15

DWF Labs established an $18 million liquidity pool for Trump's crypto asset USD1.

Gate.io News bot message, the crypto assets investment institution DWF Labs(@DWFLabs) has created 6 decentralized finance( DeFi) liquidity pools for World Liberty Financial USD ($USD1), with a total value of 18 million USD. Specific configurations include: a pairing of 1.5 million USDT with 1.5 million USD1; a pairing of 2.5 million USDC with 2.5 million USD1; a pairing of 490,000 USDf with 500,000 USD1.
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TRUMP-3.42%
BOT-11.67%
DEFI1.47%
USDC0.01%
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