Falcon USD (USDf)

@flipcash is live with USDF as its own branded stablecoin, powered by @coinbase’s Custom Stablecoins.

We’re make it dead simple for businesses to launch and scale with custom branded stablecoins and tap into Coinbase’s infrastructure and distribution.

$30.5B in tokenized real-world assets, up 4x in a year.

But not all RWAs are doing the same job.

Some move: tokenized treasuries, credit, stablecoins, gold, and equities are being used across DeFi for trading, yield, and collateral.

Others mostly sit: tokenized real estate, private equity, and non-US debt are largely bought for exposure and held.

Last year, the question was whether TradFi would bring assets onchain.
They did.

Now 5 tokenized Treasury products are above $1B:

Circle USYC: $2.9B
BlackRock BUIDL: $2.6B
Ondo OUSG: $2.1B
Franklin BENJI: $1.96B
Janus Henderson JTRSY: $1.3B

Issuance got solved. The real question now is what these assets do once they’re there.