USDFC

USDFC price
USDFC

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Total supply
86.15K USDFC
Max. supply
--
Self-reported circulating supply
86.15K USDFC


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About USDFC

What Is USDFC?

USDFC is a decentralized stablecoin launched by Secured Finance on the Filecoin Virtual Machine (FVM) in March 2025. Pegged 1:1 to the U.S. dollar, it is over-collateralized by Filecoin (FIL) tokens, designed to bring stable liquidity to the Filecoin ecosystem. Much like DAI in Ethereum’s ecosystem, it serves Filecoin’s DeFi needs. Currently in its Alpha phase, with a full mainnet launch slated for May 2025, USDFC enables fixed-rate lending and cross-chain swaps via Axelar and Squid integrations.

USDFC is a utility token within Filecoin and Secured Finance’s ecosystem, used for:

  • Minting through FIL collateralization on the Secured Finance platform.
  • Facilitating fixed-rate lending and borrowing in Filecoin’s DeFi framework.
  • Enabling cross-chain transactions across multiple blockchains.

Secured Finance provides tools such as:

  • A lending platform for USDFC and fixed-rate operations.
  • Cross-chain swap integration with Axelar and Squid.
  • Real-time dashboards for collateralization and stability monitoring.

How Many USDFC Coins Are There in Circulation?

USDFC launched its Alpha phase on March 21, 2025, with a supply that adjusts dynamically based on FIL locked as collateral. Users mint USDFC by depositing FIL into smart contracts, with over-collateralization (e.g., 150% FIL-to-USDFC ratio) ensuring stability. Exact figures are trackable via USDFC App. Supply will grow with demand post-May 2025 launch.

Who Are the Founders of USDFC?

The USDFC protocol was created by Secured Finance DAO, with key development by Secured Finance AG, a Swiss-based firm founded by Masa Kikuchi, its CEO. With over 17 years in finance, including as Head of Interest Rates/FX Derivatives Structuring at a major investment bank, Kikuchi leads a team with experience from Goldman Sachs, Securitize, Accenture, and Binance.

What Makes USDFC Unique?

USDFC stands out by integrating with Filecoin, letting FIL holders unlock liquidity without selling. Its fixed-rate lending offers predictable yields, unlike variable-rate DeFi norms. Cross-chain support via Axelar and Squid extends its reach to Ethereum, Arbitrum, and beyond, with audited contracts and real-time tracking enhancing trust.

Where Can I Buy USDFC?

As of March 31, 2025, mint USDFC on USDFC using FIL collateral during its Alpha phase. It’s tradable on SushiSwap on Filecoin and via Squid’s cross-chain protocol.