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Record sog_st_usdf
USDf/Falcon USD
Also recorded as USDf, Falcon USD, Falcon Finance USDf
- Lifecycle
- Active
- Issuance
- Restricted
- Reference target
- US dollar
- Primary organization
- Falcon FinanceNo additional recorded relationship
- Launch
- 2025-04-30
- Redemption
- Eligible Customers Only
- Backing
- Synthetic or hedged
- Stabilization
- Hybrid
- Last review
- 2026-06-22
- Evidence
- 6 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Falcon overcollateralized synthetic dollar using mixed collateral, hedging, custody, liquidation, and transparency controls.
| Name | Falcon USD |
|---|---|
| Symbol | USDf |
| Aliases | USDf, Falcon USD, Falcon Finance USDf |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Restricted |
| Canonical record ID | sog_st_usdf |
| Route slug | falcon-usdf |
| Record confidence | High |
| Last reviewed | 2026-06-22 |
- Name
- Falcon USD
- Symbol
- USDf
- Aliases
- USDf, Falcon USD, Falcon Finance USDf
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Restricted
- Canonical record ID
sog_st_usdf- Route slug
falcon-usdf- Record confidence
- High
- Last reviewed
- 2026-06-22
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 6 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 4 |
| Events | 1 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Hybrid
- Primary display organization
- Falcon Finance
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Falcon Finance | Company or corporate group | Not recorded in canonical data | Multi-jurisdiction / unclear | Protocol operator | Primary display | Not yet recorded | Not yet recorded | Active relationship |
Company or corporate group
Primary displayFalcon Finance
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Not recorded in canonical data
- Jurisdiction
- Multi-jurisdiction / unclear
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- Not yet recorded
- Reference methodology
- USDf targets one U.S. dollar through collateralized minting, hedging, redemptions, and market arbitrage.
- Public backing model
- Synthetic or hedged
- Canonical backing types
- Stablecoin Collateral, Crypto Collateral, Mixed
- Reserve component categories
- Other
- Primary stabilization mechanism
- Hybrid
- Recorded model description
- Overcollateralized Synthetic Dollar with Hedged Mixed Collateral
- Redemption / exit model
- Eligible Customers Only
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Overcollateralized synthetic dollar; sUSDf is a separate yield representation.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Stablecoin and non-stablecoin collateral with hedging arrangementsOther · No current percentage split is asserted.
| Disclosure status | Transparency Dashboard and Assurance Materials |
|---|---|
| Backing types | Stablecoin Collateral, Crypto Collateral, Mixed |
| Summary | USDf uses overcollateralized mixed collateral with hedging, custody, and liquidation controls. |
| As of | 2026-06-21 |
| Profile confidence | High |
- Disclosure status
- Transparency Dashboard and Assurance Materials
- Backing types
- Stablecoin Collateral, Crypto Collateral, Mixed
- Summary
- USDf uses overcollateralized mixed collateral with hedging, custody, and liquidation controls.
- As of
- 2026-06-21
- Profile confidence
- High
| Current status | Eligible Customers Only |
|---|---|
| Settlement asset | Supported Stablecoin or Fiat Route |
| Eligible parties | Verified and whitelisted Falcon participants. |
| Retail access | Market Based Unless Approved |
| Institutional access | Approved Participant Direct |
| Minimum amount | USD 10,000 in reviewed official documentation. |
| Fee | Route and network terms may apply. |
| Settlement time | Route and liquidity dependent. |
| Regional limits | Identity, compliance, and jurisdiction restrictions apply. |
- Current status
- Eligible Customers Only
- Settlement asset
- Supported Stablecoin or Fiat Route
- Eligible parties
- Verified and whitelisted Falcon participants.
- Retail access
- Market Based Unless Approved
- Institutional access
- Approved Participant Direct
- Minimum amount
- USD 10,000 in reviewed official documentation.
- Fee
- Route and network terms may apply.
- Settlement time
- Route and liquidity dependent.
- Regional limits
- Identity, compliance, and jurisdiction restrictions apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Falcon Finance | Issuer Transparency Dashboard and Assurance Index | Stablecoin Collateral, Crypto Collateral, Mixed | High |
Falcon Finance
Not yet recorded- Type
- Issuer Transparency Dashboard and Assurance Index
- Assets covered
- Stablecoin Collateral, Crypto Collateral, Mixed
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Issuer- or institution-supported deployment | Issuer Supported Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Verified | Identifier recorded | 0xFa2B947eEc368f42195f24F36d2aF29f7c24CeC2 | Not yet recorded | Not yet recorded | 0 | Official Falcon Finance Ethereum USDf contract verified against the issuer smart-contract registry. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| USDf synthetic dollar Published Not yet recorded | Falcon Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Identity, Collateral, Hedging, Susdf Boundary, Entity and Model | Archive index or wildcard | High |
| USDf peg stability Published Not yet recorded | Falcon Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Redemption, Minimum Redemption, Peg Mechanism, Redemption and Stabilization | Archive index or wildcard | High |
| Transparency and attestations Published Not yet recorded | Falcon Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Transparency, Assurance, Collateral, Reserve Transparency | Archive index or wildcard | High |
| Falcon Finance launches transparency dashboard Published Not yet recorded | Falcon Finance | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Dashboard, Collateral Visibility, 2025 Launch Context, Reserve Dashboard | Archive index or wildcard | High |
| Falcon Finance Opens to the Public and Launches “Falcon Miles” Points Program Published 2025-04-30 | Falcon Finance | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Launch Date, Public Access, Minting, Redemption, Closed Beta Boundary, Launch | Archive index or wildcard | High |
| Falcon Finance Smart Contracts Published Not yet recorded | Falcon Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Contract Address, Deployment, Network, Verification, Official Contract Identity | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Exact Launch Date | Official material establishes the USDf product and a 2025 launch period, but the reviewed sources do not fix one authoritative day-level launch boundary. | Unknown after review | Low | 2026-06-21 |
| Legal Issuer Custody and Collateral Map | The complete legal issuer, collateral owner, custodian, hedging counterparty, and bankruptcy-treatment map is not normalized from one durable source set. | Unknown after review | High | 2026-06-21 |
| Canonical Deployment Inventory | The reviewed Ethereum contract is recorded, but the complete set of native, bridged, and supported USDf deployments is not normalized. | Unknown after review | Medium | 2026-06-21 |
| Assurance and Reserve Snapshot Normalization | Transparency and assurance materials exist, but the latest assurance date, scope, publisher, collateral split, and recurring publication history are not normalized into one dated snapshot. | Unknown after review | Medium | 2026-06-21 |
Exact Launch Date
Official material establishes the USDf product and a 2025 launch period, but the reviewed sources do not fix one authoritative day-level launch boundary.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-06-21
Legal Issuer Custody and Collateral Map
The complete legal issuer, collateral owner, custodian, hedging counterparty, and bankruptcy-treatment map is not normalized from one durable source set.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-21
Canonical Deployment Inventory
The reviewed Ethereum contract is recorded, but the complete set of native, bridged, and supported USDf deployments is not normalized.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-21
Assurance and Reserve Snapshot Normalization
Transparency and assurance materials exist, but the latest assurance date, scope, publisher, collateral split, and recurring publication history are not normalized into one dated snapshot.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-21
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2025-04-30 | Falcon Finance launches USDf | Launch and introduction | Launch | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- Falcon FinanceMulti-jurisdiction / unclear
- Event registry1 connected event recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.