# Falcon USD (USDf): Live Peg, Issuer & Backing

> Falcon USD (USDf) stablecoin: live USD peg deviation in bps, depeg history, issuer Falcon Finance, backing and FAQ. No licences on record.

Canonical: https://stableradar.com/coin/usdf
Generated: 2026-11-13T12:44:04.531Z (live figures are a snapshot at build time; see the canonical page for current values)

Stablecoin profile LIVE

# Falcon USD (USDf) stablecoin
**In short:** USDf is a USD-pegged stablecoin issued by Falcon Finance. No token-level authorisation identified in the official registers checked. Below: live peg deviation, peg history, issuer, backing and FAQ.

$0.9951

Peg target: $1.0000 (USD)

Watch

Deviation: **-49.2 bps** (-0.49%) · Market cap: $1.82B

Sources: CoinGecko, DefiLlama · [CoinGecko ↗](https://www.coingecko.com/en/coins/falcon-finance) · Median of the available sources, refreshed in your browser. A deviation here is not a confirmed depeg.

### Token legal status
USDf

Other stablecoins

(1) Entity licence / registration

No entity licence record captured by StableRadar.

(2) Authorisation to issue this token

No authorisation to issue this stablecoin identified in official registers as of 27 Oct 2026. Registers checked: NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC

(3) Applicable law

Token legal status last checked: 27 Oct 2026

### Issuer & legal entity
- Issuer **Falcon Finance**

- Legal entity Falcon Finance

- Backing mechanism Synthetic

- Directory note Crypto-collateralised synthetic dollar. No licence found in official registers. [falcon.finance ↗](https://falcon.finance/)

### USDf peg history
Max deviation from the peg, time spent outside ±50 / ±100 bps and derived events per window. 24h: CoinGecko 5-minute prices; 7d, 30d, 90d: hourly; 1y: daily. Cached at build time.

| Favourites | Coin | Peg | Trend | Max |dev| | Low | >±50 bps | >±100 bps | Events | Details |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | **USDf** | USD |  | −99.3 bps | 0.9901 | 22 d 22 h | 0 | 72 |  |

Source: [CoinGecko ↗](https://www.coingecko.com/), [DefiLlama ↗](https://defillama.com/stablecoins) · market data cached 13 Nov 2026, 11:28 UTC. Aggregated prices can move on thin markets; a deviation here is not a confirmed depeg.

### FAQ about USDf
#### What is Falcon USD (USDf)?
USDf is a stablecoin pegged to the US dollar. Issuer: Falcon Finance. Backing (as described in our data): Synthetic.

#### Who issues USDf?
USDf is issued by Falcon Finance. No licences or registrations are on record for Falcon Finance in StableRadar’s data.

#### Is USDf authorised under MiCA or another stablecoin regime?
No authorisation to issue USDf was identified in the official registers StableRadar checked (NYDFS Greenlist, ESMA EMT register, JFSA, HKMA, CNAD, OCC; last checked 27 Oct 2026). This does not mean the coin or issuer is unlawful, unlicensed or unsafe.

#### Is USDf safe?
StableRadar does not say whether a coin is safe and does not give investment advice. StableRadar has no Transparency Score for the issuer of USDf yet. The live peg deviation and the official register links are on this page.

#### How is USDf backed?
Model: Synthetic.

### Related pages
Stablecoin laws by country

News & depeg incidents

Live peg monitor

All stablecoins

Issuer ranking

Informational only: not legal, investment or compliance advice. Company statements are marked “per company”.

Live prices: 13 Nov 2026, 12:43 UTC · Issuer reference data reviewed: 26 Oct 2026 (later changes are dated on each row) · Sources: [Issuer / token page (Falcon Finance)](https://falcon.finance/), [DefiLlama · USDf](https://defillama.com/stablecoin/falcon-usd), [CoinGecko · USDf](https://www.coingecko.com/en/coins/falcon-finance), [DefiLlama · Ethereum stablecoins](https://defillama.com/stablecoins/Ethereum)

Data: [DefiLlama](https://defillama.com/) · Powered by [CoinGecko](https://www.coingecko.com/)