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![FalconStable Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1844908891110506504.png) Falcon Finance [@FalconStable](/creator/twitter/FalconStable) on x 37.5K followers
Created: 2025-07-25 09:16:06 UTC

We’ve rolled out a new Transparency Dashboard showing exactly what backs $USDf, with detailed breakdowns by asset type, custody provider, and % held onchain, verified by @htdgtl:

• 656.83M USDf in circulation, with $716.94M total reserves
• XXXXXX% protocol backing ratio
• XXXX% of assets held onchain
• $400.67M in BTC, $164.97M in stablecoins, $102.16M in SOL + Top XXX coins

→ See the breakdown:

![](https://pbs.twimg.com/media/GwsUUSBbgAIF10V.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948673605870780691/c:line.svg)

**Related Topics**
[coins](/topic/coins)
[sol](/topic/sol)
[$10216m](/topic/$10216m)
[stablecoins](/topic/stablecoins)
[$16497m](/topic/$16497m)
[$40067m](/topic/$40067m)
[protocol](/topic/protocol)
[$71694m](/topic/$71694m)

[Post Link](https://x.com/FalconStable/status/1948673605870780691)