Falcon Finance

What happens when a national stablecoin becomes collateral?

Kyrgyzstan’s state-backed som stablecoin, $KGST, can now be used to mint $USDf through Classic Mint.

It connects local-currency value to dollar-denominated onchain liquidity, bringing KGST into the wider global onchain economy.

Since Falcon Finance launched, we’ve kept building and shipping, giving users more ways to put their assets to work.

Here’s how our product suite has expanded just this year:

→ fUSD: A regulated digital dollar for institutional treasury, settlement, and collateral use. Issued by Anchorage Digital, the first federally chartered crypto bank, and supported by Ceffu’s custody infrastructure, fUSD gives qualifying institutions access to a separate Falcon rewards program targeting approximately 3% annually.

Details here: https://falcon.finance/news/falcon-finance-and-anchorage-digital-bank-launch-fusd-a-genius-ready-stablecoin-with-rewards-on-ceffu

→ RWA issuance in El Salvador: Our regulated tokenization pipeline starts with financing GPU delivery. The first asset, a tokenized GPU forward, is still being structured, with NEAR AI as the anchor buyer of the compute those GPUs will produce. It is designed for secondary trading and could later qualify as collateral to mint USDf once sufficient trading volume and market depth are established.

Find out more: https://falcon.finance/news/falcon-finance-opens-regulated-tokenization-pipeline-in-el-salvador-led-by-gpu-financing

→ Falcon Card: A way to turn USDf, our overcollateralized synthetic dollar, into everyday spending. Eligible, verified users in 90+ supported jurisdictions can fund their card with USDf, converted to USD at 1:1, and pay online or in-store. No annual subscription fee.

How to get your card: https://falcon.finance/news/from-tokenized-assets-to-everyday-spending-introducing-falcon-card

From USDf and yield to institutional dollars, everyday payments, and tokenization, we’re steadily expanding what Falcon can do.

Since Falcon Finance launched, we’ve kept building and shipping, giving users more ways to put their assets to work.

Here’s how our product suite has expanded just this year:

→ fUSD: A regulated digital dollar for institutional treasury, settlement, and collateral use. Issued by Anchorage Digital, the first federally chartered crypto bank, and supported by Ceffu’s custody infrastructure, fUSD gives qualifying institutions access to a separate Falcon rewards program targeting approximately 3% annually.

Details here: https://falcon.finance/news/falcon-finance-and-anchorage-digital-bank-launch-fusd-a-genius-ready-stablecoin-with-rewards-on-ceffu

→ RWA issuance in El Salvador: Our regulated tokenization pipeline starts with financing GPU delivery. The first asset, a tokenized GPU forward, is still being structured, with NEAR AI as the anchor buyer of the compute those GPUs will produce. It is designed for secondary trading and could later qualify as collateral to mint USDf once sufficient trading volume and market depth are established.

Find out more: https://falcon.finance/news/falcon-finance-opens-regulated-tokenization-pipeline-in-el-salvador-led-by-gpu-financing

→ Falcon Card: A way to turn USDf, our overcollateralized synthetic dollar, into everyday spending. Eligible, verified users in 90+ supported jurisdictions can fund their card with USDf, converted to USD at 1:1, and pay online or in-store. No annual subscription fee.

How to get your card: https://falcon.finance/news/from-tokenized-assets-to-everyday-spending-introducing-falcon-card

From USDf and yield to institutional dollars, everyday payments, and tokenization, we’re steadily expanding what Falcon can do.

We're getting really close to $40 billion and beyond.

Treasuries, gold, tokenized stocks, and investment-grade credit in this stack can already be posted on Falcon to mint USDf. Falcon Card spends that dollar. The El Salvador pipeline is how more of the credit layers get the same path.

RWAlar qanchalik tez harakatlanayotganini tushunmoqchi bo‘lsangiz, holder count’ga qarang.

30 kun oldin:
1.1M tokenlashtirilgan aksiyalarni ushlab turgan adreslar

Bugun:
2.8M

Bu bir oy ichida 2.6x.

"Talab hech qachon yetishmayotgan bo‘lak emas edi, perplar mahsulotni yillar avval ofshorda isbotlagan. O‘zgargani — bu huquqiy qobiq."

Bizning bosh RWA xodimimiz Artem Tolkachev Forbes’da, perplarning onshorga ko‘chishi haqida.

Batafsil bu yerda o‘qing 👉 https://www.forbes.com/sites/digital-assets/2026/08/27/how-perpetual-futures-could-make-more-assets-tradable/

Messari mart oyining oxirida 41 ta token sotuvini kuzatdi.

Biz raqamlarni yana hisobladik, va 6 tasi hali ham foydada.

$FF hozir 98% ROI bilan #1 o‘rinda.

Tarqoq RWAlar yana bir tarixiy rekordni qayd etdi: $38.4B.

AQSh g‘aznachilik obligatsiyalari hali ham $16.15B bilan yetakchilik qilmoqda. Aktivlar bilan ta’minlangan, maxsus moliyalashtirish, korporativ va diversifikatsiyalangan yo‘nalishlarni qo‘shsangiz, tokenlashtirilgan kredit $7.36B bilan ikkinchi o‘rinda turadi. Buni payqash oson emas, chunki bu grafikda ular to‘rtta toifaga ajratilgan.

O‘sha kredit portfeli — biz aynan hozir Salvador Respublikasida tartibga solingan emissiya yo‘lini ochgan bozor. Hozir tuzilma bosqichida bo‘lgan birinchi emissiya hisoblash infratuzilmasini moliyalashtirish uchun tokenlashtirilgan GPU forwardidir.

Xususiy bozorlar hanuz sekin infratuzilma ustida ishlaydi, ammo tokenizatsiya oddiy “mint” tugmasi emas.

Falcon Finance’da bu — due diligence’dan tokenlashtirilgan aktivgacha bo‘lgan yo‘l bo‘lib, uni egalari savdo qilishi mumkin va agar mos bo‘lsa, USDf chiqarish uchun garov sifatida ishlatishlari mumkin:

• Yuborish + ko‘rib chiqish
• Huquqiy tuzilma
• Chiqarish + ro‘yxatga qo‘yish
• Likvidlik va narxlash mezonlariga javob berish → USDf chiqarish uchun garov sifatida qabul qilinishi mumkin

Falcon bilan aktivni tokenlashtirishga qiziqyapsizmi?

To‘liq jarayonni o‘rganing va ko‘rib chiqish uchun aktiv yuboring:
https://tokenize.falcon.finance/

Hisoblash uchun moliyalashtirish aktivlar bilan ta’minlangan kreditlashda eng tez o‘sayotgan toifalardan biriga aylandi va uning deyarli barchasi xususiy sindikatlar orqali tashkil etiladi. Muddat tugashidan oldin chiqib ketmoqchi bo‘lgan kreditorning imkoniyatlari juda kam.

Biz Salvadorda tokenlashtirilgan real dunyo aktivlarini chiqarish uchun tartibga solinadigan yo‘lni ishga tushirdik. Hozirda tuzilma bosqichida bo‘lgan birinchi emissiya — bu tokenlashtirilgan GPU forward moliyalashtirish hisoblash infratuzilmasi. NEAR AI — bu uskuna ishlab chiqaradigan hisoblash quvvatining asosiy xaridori. Ta’minot allaqachon ishlab chiqaruvchi bilan shartnoma asosida kelishilgan va narxi belgilangan. Emissiya yetkazib berishni moliyalashtiradi.

Ushbu asos quyidagilarni birlashtiradi: tartibga solinadigan emissiya, ochiq ikkilamchi savdo va onchain garovlashtirish:

→ Aktiv NOTA S.A.S. de C.V. (PSAD-0088) orqali chiqariladi; u Salvadorning Raqamli Aktivlar Emissiyasi to‘g‘risidagi Qonuni asosida litsenziyalangan bo‘lib, Tether Gold aynan shu rejim ostida chiqariladi.
→ U Uniswap-ni ham o‘z ichiga olgan ruxsatsiz maydonchalarda savdoga qo‘yilishi uchun mo‘ljallangan.
→ Yetarli savdo hajmi va chuqurligini ko‘rsatgach, u Falcon Finance’da USDf zarb qilish uchun garov sifatida qabul qilinishi mumkin bo‘ladi.

Ko‘pchilik emitentlar tokenizatsiyani xohlamaydi. Ular likvidlik, kompozitsiyalanish va amalda foydalanishlari mumkin bo‘lgan kapitalni xohlaydi.

Agar siz emitent bo‘lsangiz, ko‘rib chiqish uchun aktiv yuboring: https://tokenize.falcon.finance

Ko‘pchilik tokenizatsiya haqidagi hikoyalar emissiyada yakunlanadi.

Foydalanish mumkin bo‘lgan onchain aktiv esa hali ham quyidagilarga muhtoj:

• tartibga solingan emissiya va qayta sotib olish
• ikkilamchi bozor
• garov sifatida mos bo‘lish yo‘liga

Bu hafta biz ushbu qismlar qanday bog‘lanishi mumkinligini ko‘rsatmoqdamiz.

Ertaga yana.

Hamma narsani tokenlashtiring, keyin nima?

📂 UTILITY
┃
┣ 📂 collateral
┣ 📂 yield
┣ 📂 pay
┃
┗ ⚙️ FLYWHEEL ↺
┣ use
┣ demand
┗ liquidity

Goldmanning asosiy bahosiga ko‘ra, 2026 yildan 2031 yilgacha AI hisoblash uchun kapital xarajatlar taxminan $5,1 trln bo‘ladi.

Va NVIDIA endigina Apollo, BlackRock, Blackstone, Brookfield, Goldman va KKR bilan $500 mlrd+ uchinchi tomon kapitalini maqsad qilgan moliyalashtirish platformalarini ishlab chiqish uchun memorandumlar imzoladi.

Goldman hatto kredit yaratmoqchi ham…

Hisoblash investitsiya qilinadigan aktivlar sinfiga aylanmoqda, biroq hisoblash bilan ta’minlangan ko‘plab shartnomalarda hali ham likvid ikkilamchi bozor yoki ularni garov sifatida ishlatishning aniq yo‘li yo‘q.

Biz bilamizki, bu tafovutni yopish bozorning keyingi bosqichini ochib berishi mumkin.

Katta hafta oldinda.

Qiziqarli fakt:

yiliga ~$390B stabilkoin to‘lovlarining atigi ~1% ($4.5B) kartalarga to‘g‘ri keladi.

Qolgan qismi asosan B2B, pul o‘tkazmalari, xazina boshqaruvi.

Kundalik xarajatlar hanuz tashqi halqa bo‘lib qolmoqda.

Biz hali erta bosqichdamiz.

Buni shu yerda oling 👉 https://app.falcon.finance/card

Daromad keltiruvchi stablecoinlar va sintetik dollarlar haqida qayta-qayta qaytadigan mavzu:

Hozir bu ikki dvigatelli bozor bo‘lib qoldi, kuzatilayotgan hajmning taxminan yarmi Treasury/RWA bilan ta’minlangan, qolgan yarmi esa DeFi-ona mahsulotlar.

Falcon har ikkala yo‘nalishda ham ishlaydi.

Siz mos kripto va tokenlashtirilgan RWA asosida USDf yaratishingiz va ko‘p aktivli zaxira bazasi ustida bozor strategiyalaridan hosil bo‘ladigan protokol daromadi uchun sUSDf ga staking qilishingiz mumkin.

USDf haqida ko‘proq bilish uchun tashrif buyuring 👉 https://falcon.finance

Hozir tokenlashtirilgan RWAlarda taxminan $37B bor, bu juda ta’sirli.

Ammo bu qiymatning katta qismi hanuz likvidlikdan ko‘ra ko‘proq zaxiraga o‘xshaydi. Biz buni ko‘p aytganmiz: aktivni onchain ga joylashtirish hech qachon qiyin qism bo‘lmagan, uni foydali qilish qiyin.

Falcondagi mos RWAlar USDf mint qila oladi, shuning uchun asosiy aktiv samarali ishlashi mumkin.

USDf haqida ko‘proq bilib oling 👉 https://falcon.finance

Falcon karta 💳

onchain likvidlik, haqiqiy hayotdagi xarajatlar :)

Stablecoin oqimi ilgari Ethereum + Tron edi, lekin endi bunday emas.

Endi Eth + Tron + Base + Solana global oqimning qariyb 93% ini qoplaydi.

Hozirgi 30 kunlik transfer hajmi:
• Ethereum: $417B
• Tron: $341B
• Base: $325B
• Solana: $280B

Tuzilmaviy siljish yaqqol ko‘rinib turibdi:

2024 H1 → Eth + Tron transferlarning 82% ini amalga oshirgan
2026 H1 → 55%. Base + Solana 4% dan 37% ga oshdi

Base bir xil 30 kunlik davrda yiliga nisbatan qariyb 8× o‘sdi va iyul boshida qisqa muddatga hajm bo‘yicha barcha zanjirlarni ortda qoldirdi.

Savol: siz onchain stablecoin transferlari uchun asosan qaysi zanjirdan foydalanasiz?

Javobingizni shu yerga izohda qoldiring 👉 https://x.com/falconfinance/status/2080638886993400065