Falcon Finance
Falcon Finance is a financial technology company specializing in synthetic dollar protocols, notably the USDf stablecoin.
HeadquartersDubai, United Arab Emirates
Founded2023
StagePrivate
FoundersAndrei Grachev (Founding Partner)
Key InvestorsDWF Labs, M2 Capital Limited
LinkedInfalconstable ↗
Products
Falcon Finance is a financial technology company based in Dubai, United Arab Emirates, founded in 2023. It specializes in synthetic dollar protocols, with its main product being the USDf stablecoin.
Frequently Asked Questions
What is USDf from Falcon Finance?
USDf is Falcon Finance's overcollateralized synthetic dollar. Falcon's transparency materials describe USDf as backed by collateral reserves and monitored through a dashboard that reports reserve and protocol metrics.
How is USDf backed?
Public risk reviews describe USDf backing as a mix of stablecoins, non-stablecoin assets and real-world assets. Falcon's own materials emphasize overcollateralization, proof-of-reserves reporting and third-party review rather than a single bank-deposit reserve structure.
Does Falcon Finance publish proof of reserves for USDf?
Falcon Finance launched a transparency page in April 2025 that includes reserve metrics, third-party audit reports and quarterly proof-of-reserves statements. In October 2025, Falcon announced an independent quarterly audit report on USDf reserves conducted by Harris & Trotter LLP.
Recent Activity
- 2026-05-21AdoptionCoinbase expands branded stablecoin infrastructure business with Flipcash USDF launch
- —Our coverageStablecoin Recap May 18–25, 2026: USDC experienced a $0.537 billion outflow.