Falcon Finance Launches USDf Card in 90+ Jurisdictions for Crypto and Tokenized Asset Spending

Falcon Finance launched the USDf card across more than 90 jurisdictions for verified users, enabling spending of tokenized assets online, in stores, and through supported mobile wallets. The card allows users to mint USDf by depositing approved collateral—including cryptocurrencies, tokenized gold, and tokenized stocks—on Falcon's decentralized finance platform, or to acquire USDf through secondary markets before transferring it to the card. The launch extends Falcon's platform capabilities beyond lending and yield generation, aiming to connect tokenized real-world assets with consumer payments.

Falcon Card Accepts Crypto, Gold, and Tokenized Stocks as Collateral

USDf is an overcollateralized synthetic dollar designed to unlock dollar-denominated liquidity without requiring users to sell their assets. Supported collateral includes stablecoins, major cryptocurrencies, tokenized gold, and selected tokenized equities. Falcon currently accepts Tether Gold alongside several tokenized stocks issued through Ondo Finance, including representations of Coinbase, Nvidia, Strategy, and Tesla shares, as well as selected xStocks products. Users deposit eligible assets, mint USDf, and move that liquidity into decentralized finance applications or transfer it to the Falcon Card for spending. Access to the card remains subject to local eligibility requirements across the supported jurisdictions.

Falcon Card Charges $0 Annual Fee and Separates Spending From Yield

The Falcon Card carries no annual subscription fee and does not impose an additional Falcon transaction fee, although foreign exchange-related charges may apply. Funds transferred to the card are intended for payments and do not generate yield. Users seeking returns can instead stake USDf separately to receive sUSDf, Falcon's yield-bearing product. The company stated that the card is available to verified users and can be used online, in stores, and through supported mobile wallets where available.

FAQ

What collateral does Falcon Finance accept for minting USDf? Falcon Finance accepts stablecoins, major cryptocurrencies, Tether Gold, and selected tokenized stocks issued through Ondo Finance, including representations of Coinbase, Nvidia, Strategy, and Tesla shares, as well as selected xStocks products.

Does the Falcon Card charge an annual fee? No, the Falcon Card carries no annual subscription fee and does not impose an additional Falcon transaction fee, although foreign exchange-related charges may apply.