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DeFiSource: Crypto Economy ·

Falcon Finance Unveils National Stablecoin Integration To Back USDf Collateral

Falcon Finance integrated KGST, the Kyrgyzstan government-backed stablecoin, as eligible collateral to mint USDf. As of September 30, USDf supply reached $1.21 billion with total reserves of $1.90 billion and a backing ratio of 156.47%. BTC leads reserve composition with 64.38% (~$1.22 billion).

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