{"id":64872,"date":"2025-05-08T14:35:36","date_gmt":"2025-05-08T14:35:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=64872"},"modified":"2025-05-08T14:35:36","modified_gmt":"2025-05-08T14:35:36","slug":"bitfinex-to-list-falcon-finances-usdf-synthetic-dollar","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=64872","title":{"rendered":"Bitfinex to List Falcon Finance\u2019s USDf Synthetic Dollar"},"content":{"rendered":"<p><strong>ROAD TOWN, Tortola, British Virgin Islands<\/strong><strong> \u2013<\/strong><strong> 8th<\/strong><strong> May, 2025 \u2013 <\/strong>Bitfinex (<a href=\"https:\/\/www.bitfinex.com\/\">https:\/\/www.bitfinex.com<\/a>), a premier digital asset trading platform, announced today that it has become the first centralised exchange to list USDf, the overcollateralised synthetic dollar developed by <a href=\"https:\/\/falcon.finance\/\">Falcon Finance<\/a>, a protocol focused on developing synthetic dollar solutions.<\/p>\n<p><a href=\"https:\/\/docs.falcon.finance\/mechanism\/usdf\">USDf<\/a> is minted by depositing a diverse set of collateral, including stablecoins like USDT, USDC, and DAI on a 1:1 basis, or non-stablecoin assets such as ETH and BTC with overcollateralisation ratios. This is intended to result in a robust overcollateralised synthetic dollar designed to maintain its peg.<\/p>\n<p>Falcon Finance recently surpassed $230 million in Total Value Locked during its recent public launch. The protocol also supports more than 16 collateral types across ecosystems like Ethereum, Polygon, TON, NEAR, and Bitcoin.<\/p>\n<p>\u201cUSDf is the result of a unique approach to developing a synthetic dollar through its overcollateralised design and acceptance of diverse collateral types,\u201d said <strong>Anoush Bhasin, Head of Listings at Bitfinex<\/strong>. \u201cWe\u2019re pleased to list USDf and provide our customers access to Falcon Finance\u2019s ecosystem.\u201d<\/p>\n<p>Deposits for USDf are expected to open at approximately 10:00 AM UTC on 12th May, 2025, subject to network conditions. Trading is planned to commence at approximately 10:00 AM UTC on 13th May, 2025, contingent upon liquidity requirements being met. USDf will be tradable against US Dollars (USDf\/USD) and Bitcoin (BTC\/USDf).\u00a0<\/p>\n<p>To obtain access to USDf on Bitfinex, customers can visit <a href=\"https:\/\/www.bitfinex.com\/\">https:\/\/www.bitfinex.com\/<\/a>.<\/p>\n<p>*All users of www.bitfinex.com are subject to Bitfinex\u2019s terms of service (\u201cTOS\u201d). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.\u00a0<\/p>\n<p><strong>About Bitfinex<\/strong><\/p>\n<p>Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex\u2019s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.<\/p>\n<p><strong>Media contact for Bitfinex<\/strong><\/p>\n<p><a href=\"mailto:press@bitfinex.com\">press@bitfinex.com<\/a><\/p>\n<p><strong>For official logos and branding, please visit\u00a0<\/strong><\/p>\n<div class=\"wp-block-embed__wrapper\">\nhttps:\/\/www.bitfinex.com\/press\/#press-downloads\n<\/div>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/blog.bitfinex.com\/media-releases\/bitfinex-to-list-falcon-finances-usdf-synthetic-dollar\/\">Bitfinex to List Falcon Finance\u2019s USDf Synthetic Dollar<\/a> appeared first on <a href=\"https:\/\/blog.bitfinex.com\/\">Bitfinex blog<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>ROAD TOWN, Tortola, British Virgin Islands \u2013 8th May, 2025 \u2013 Bitfinex (https:\/\/www.bitfinex.com), a premier digital asset trading platform, announced today that it has become the first centralised exchange to list USDf, the overcollateralised synthetic dollar developed by Falcon Finance, a protocol focused on developing synthetic dollar solutions. USDf is minted by depositing a diverse [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-64872","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64872"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64872"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64872\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}