On July 8, CoinWorld reported that Falcon Finance stated on their X account that their reserves are verified daily by an independent organization, with the current over-collateralization rate at 116.98%. The official noted that the Over-Collateralization Ratio (OCR) is calibrated based on risk factors for non-stablecoin assets, with returns generated through a delta-neutral strategy to drop market risk. Additionally, Falcon Finance is collaborating with Harris & Trotter LLP to advance the quarterly verification report and obtain the highest auditing standard certification under ISAE 3000.


Earlier today, the stablecoin USDF of Falcon USD briefly de-pegged to $0.9434, but has since rebounded to $0.9924.
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