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.
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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.