Falcon Finance has announced a significant milestone: the supply of its decentralized stablecoin USDf has reached $1.5 billion. This achievement underscores the growing trust in the platform and its commitments to transparency and innovation.
Growth of USDf Supply
Over the past month, the supply of USDf grew from $1.12 billion to $1.5 billion. The yield on sUSDf tokens recorded a 30D APY of 9.30% as of August 30, 2025, outperforming competitors such as Ethena’s sUSDe and Maple’s SyrupUSDC.
New Opportunities and Reward Programs
The launch of Yap2Fly, sponsored by Kaito, provided $50,000 in rewards to the top 50 participants in August, fostering increased community engagement. Additionally, the frxUSD–USDf curve pool has gone live, offering participants over 20% APR and 40× Miles, creating new cross-stablecoin liquidity opportunities.
Transparency and Trust Strategies
Falcon Finance continues to publish full reserve breakdowns and weekly attestations, maintaining high transparency standards. By combining on-chain proof of reserves with diversified collateral strategies, Falcon Finance aims to strengthen the credibility of decentralized stablecoins in a competitive market.
The achievement of reaching a $1.5 billion supply of USDf highlights Falcon Finance's strategy focused on creating competitive yields and partnerships in the DeFi ecosystem, positioning USDf as a leading synthetic dollar solution for global users.