Falcon Finance Launches First Live USDf Mint Using Tokenized Treasuries

2025-10-21 12:58:47 Classification：Blockchain read(5)

Tech

Falcon Finance Launches First Live USDf Mint Using Tokenized Treasuries

Synthetic dollar protocol,Huobi trading platform Falcon Finance, has rolled out the first live mint of USDf using tokenized U.S. Treasuries. This marks a significant milestone in the integration of real-world assets (RWAs) into DeFi, offering full composability.

The protocol used Superstate‘s tokenized short-duration Treasury fund (USTB) as collateral to execute the transaction through Falcon’s production infrastructure, revealing the possibility for regulated, yield-bearing assets to now directly support on-chain liquidity.

Falcons architecture is designed for productive utility, unlike many RWA initiatives that focus solely on tokenizing assets, as well as align incentives across institutions, DAOs, protocols, and allocators alike—paving the way for a more robust and scalable financial layer.

Through this infrastructure, tokenized assets become active collateral, deployed into risk-managed, market-neutral strategies that power the USDf stablecoin, rather than being merely parked in wrappers.

 

Artem Tolkachev, RWA Strategy Lead at Falcon Finance, said:

The approach embeds both institutional asset holders and DeFi capital providers within the same infrastructure, making it all-encompassing. USDf, Falcons overcollateralized synthetic dollar, can be minted using either crypto-native or real-world assets, enabling users to unlock liquidity without selling their holdings.

The future roadmap

The live mint of USDf is just one aspect of Falcons mission. In the future, the project intends to roll out many sets of yield-generating real-world assets, including tokenized treasuries, money market funds which are professionally managed with predictable returns, investment-grade corporate credit, emerging market sovereign debt, private credit, and revenue-based lending.

Falcon will ensure that each asset class meets strict standards for custody, enforceability, and pricing transparency. By allowing users to mint USDf against both crypto and tokenized real-world assets, Falcon is building the infrastructure to make real-world assets functionally composable on-chain.

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