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USDf Explained: The Synthetic Stablecoin Climbing the Ranks With the stablecoin economy now valued at $276.8 billion, the sector has experienced striking growth—and one token has muscled its way into the top ten. In recent times, Falcon Finance’s synthetic stablecoin USDf has crossed the $1 billion mark in market capitalization, securing its place as the ninth-largest fiat-pegged token by value.

USDf Explained: The Synthetic Stablecoin Climbing the Ranks

Ethereum short liquidations have reached massive levels as the cryptocurrency approached its November 2021 all-time high of $4,878. Nearly $300 million in total liquidations occurred, with over $250 million targeting short positions.

ETH Liquidations Hit $294M as All-Time High Approaches

Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain Growth

Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain Growth

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