DWF Labs Responds to "Stablecoin USDF Temporary Depegging": Reserves Overcollateralization Ratio at 116%
BlockBeats News, July 8, DWF Labs Managing Partner Andrei Grachev responded to the "Stablecoin USDF Temporary Depegging" issue. The stablecoin USDF and BTC collateral ratio is approximately 89% (about $565 million), with altcoins accounting for about 11% ($67.5 million). The reserve overcollateralization ratio is 116%, and each USDF minting must be backed by a stablecoin or equivalent hedging position with no directional risk.
Stablecoin USDF, under Falcon Finance, experienced a temporary depegging to $0.9432 and is currently trading at $0.9893, still in a slightly depegged state. USDF is a stablecoin launched by Falcon Finance, which is supported by DWF Labs.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
If Ethereum falls below $2600, the cumulative long liquidation pressure on major CEXs will reach $993 million.
Publicly traded company mF International plans to raise $500 million to launch the BCH Treasury.
Net Outflow Ends Eight-Day Run, Yesterday's US Spot Ethereum ETF Sees Net Inflow of $55.7 Million
Grayscale Ethereum Trust (ETHE) has generated $7.9 million in staking rewards
In the last 24 hours, CEX net outflow of 1,502.14 BTC
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]