Falcon Finance has announced a strategic partnership with BitGo to provide secure custody for its overcollateralized synthetic dollar, USDf. This integration aims to enhance institutional access to yield-bearing digital assets while maintaining regulatory compliance.
- USDf custody integration with BitGo enables institutional users to securely hold the synthetic dollar in regulated wallets.
- Future features include USDf staking via ERC-4626 vaults and fiat settlement through BitGo’s Go Network.
- USDf is backed by auditable reserves, including short-term U.S. Treasuries and dollar deposits held by BitGo.
📎 Related coverage from: cryptopotato.com
