Recent Falcon Finance Updates
• USDf supply has grown strongly with more deposits coming into the system and wider usage across multiple chains
• Falcon adopted Chainlink CCIP and proof of reserve standards which improves cross chain transfers and increases transparency of collateral backing
• USDf is now live on Base network with support for multi asset collateral and easier minting options for users on that chain
• M2 Capital and Cypher Capital invested 10 million dollars into Falcon Finance to support the growth of its universal collateral infrastructure
• Falcon released an independent quarterly audit showing that USDf is fully backed by its reserves which helps build trust in the stablecoin system
• The project launched a 10 million dollar onchain insurance fund designed to protect users and support the protocol during high volatility
• A new transparency dashboard was released showing the full breakdown of assets backing USDf and all reserve details in real time
• Falcon expanded its ecosystem through new integrations including access through HOT Wallet which increases availability for retail users
