The next stablecoin race won’t be one-size-fits-all.

DeFi wants composability. Institutions want regulated rails, clear custody, and clean reward structures.

That’s why we have both USDf and fUSD, as Andrei Grachev told Maeil Business Newspaper, Korea’s leading business and financial media: they’re designed to coexist, serving fundamentally different users.

Read the full article here: https://www.mk.co.kr/news/stock/12059644

The quiet decoupling in crypto:

Over the same ~18 months, BTC market cap fell by about 33%, while distributed tokenized RWAs rose by roughly 480%.

They’re running on different clocks now: bitcoin on a liquidity cycle, tokenization on a multi-year adoption curve.

👉 If you're holding tokenized assets, it's time to make them work: https://app.falcon.finance/earn/vaults

A major opportunity in tokenization is enabling onchain yield for commodities and equities.

Price exposure is only the first layer, the bigger unlock is making those assets productive.

That is what Falcon Staking Vaults are built for: taking tokenized assets like XAUt and SPYx, and turning passive exposure into yield-bearing onchain positions.

👉 Access the Vaults here: https://app.falcon.finance/earn/vaults

June reminded us why we’re building in the first place.

Tokenizing an asset is exciting, but making it actually useful is where the real work begins. Every time an asset becomes usable as collateral instead of sitting idle, capital becomes more productive.

That’s the direction behind USDf, fUSD, and everything we're building toward.

Thanks for being part of the journey.

👉 Read our June recap here: https://falcon.finance/news/june-2026-from-tokenized-to-composable-making-onchain-assets-actually-work

"Putting an asset onchain means nothing by itself."

Our Chief RWA Officer Artem Tolkachev on Stablesash Live: tokenization is the back-end engine, collateralization is the product.

Watch the episode, Artem’s segment starts at 34:25: https://x.com/i/broadcasts/1NxarrvMEQEKj

If you prefer a quick recap, here it is: https://falcon.finance/news/why-tokenized-rwas-must-work-as-collateral-artem-tolkachev-on-stabledash-live

Last week, Securitize made its NYSE debut and brought SECZ onchain, with tokenized access on Avalanche and Solana.

The UK FCA finalized its cryptoasset framework, lowering proposed stablecoin issuer capital requirements from 2% to 1% ahead of its October 2027 regime.

The next phase of onchain finance is about regulated access, credible market infrastructure, and assets that can move beyond passive exposure.

For Falcon, that is the bigger shift: tokenized assets are becoming usable financial primitives, but they still need infrastructure that can turn them into productive collateral.

Yield is a feature you rent. Collateral acceptance is a moat.

As yield-bearing stablecoins race toward a projected $50B+ market, our Chief RWA Officer - Artem Tolkachev, breaks down why the industry may be optimizing for the wrong metric:

https://www.coindesk.com/opinion/2026/07/05/collateral-not-yield-will-decide-which-stablecoins-win

RWAs just hit a new ATH at $33.5B, adding $1.52B over the past month.

The interesting part is where the growth came from:

Tokenized stocks: +$682M
Corporate credit: +$450M

Private equity, active strategies, and credit products also moved higher.

For years, RWAs were mostly “Treasuries onchain.” Now the market is starting to look more like capital markets moving onchain: equities, credit, structured products, and collateral-ready assets.

The next phase of RWA growth will go beyond issuing tokens and will be won by assets that can circulate, settle, collateralize, and be productive.

Data source: RWA.xyz

RWA growth is becoming distinctly multi-chain.

Ethereum still leads with 47.9% of distributed RWA value, but remained almost flat over the past 30 days.

Meanwhile:

• Avalanche +26.9%
• Solana +20.9%
• Arbitrum +8.5%
• Stellar +7.7%
• BNB Chain +6.2%

Together, these 5 ecosystems now hold 37.2% of the market.

The next phase of tokenization may be more about each ecosystem finding the assets and distribution channels it is best suited to serve.

Q3 2026 will be exciting 🫡

23x in 3 years. Onchain RWAs went from $1.5B in July 2023 to a $34.3B all-time high this week 🔥

What's driving the growth in the last 30 days:

· Treasuries +3%, roughly $450M added, still 45% of the market
· Stocks +17.6%
· Private equity +16.9%
· Active strategies +11.7%

The future of finance is onchain.

Here’s an important shift few have noticed:

Yield-bearing stablecoins are no longer dominated by a single model. Tracked TVL is now split almost evenly between Treasury/RWA-backed products at 47% and DeFi-native yield products at 46%.

The market has quietly become a two-engine system.

A similar convergence is emerging on the collateral side too. Falcon enables eligible crypto assets and tokenized RWAs to mint the same onchain dollar (USDf), with an option to stake for yield.

Explore more about USDf at 👉 https://falcon.finance

Falcon Card is live.

Collateral → USDf → real-world payment.

Mint USDf with eligible collateral or get it through supported markets, then load it onto your Falcon Card for everyday spending.

The stack is complete.

Get it here 👉 https://app.falcon.finance/card

For more details on how it works, check out our blog here: https://falcon.finance/news/from-tokenized-assets-to-everyday-spending-introducing-falcon-card

Here’s the full list of countries currently supported by Falcon Card.
👉 https://x.com/falconfinance/status/2079476521283260549

We’re working to make Falcon Card available in more countries. Where would you like to see support added next? 🙂

Stablecoin flow used to be Ethereum + Tron, but not anymore.

Now Eth + Tron + Base + Solana clear ~93% of global flow.

Current 30d transfer volume:
• Ethereum: $417B
• Tron: $341B
• Base: $325B
• Solana: $280B

The structural shift is obvious:

H1 2024 → Eth + Tron ran 82% of transfers
H1 2026 → 55%. Base + Solana went from 4% to 37%

Base is up ~8× YoY on the same 30d window and in early July it briefly led every chain on volume.

Question: which chain do you mainly use for onchain stablecoin transfers?

Comment your answer here 👉 https://x.com/falconfinance/status/2080638886993400065

Falcon card 💳

onchain liquidity, irl spending :)

We took Falcon Card out for a little day trip!

Matcha cafe, vending machine, convenience store... just tap your phone.

If you’ve been using Falcon Card too, we’d love to see it! :)

What USDf was missing was irl spending.

You could already mint against crypto and tokenized assets, then stake into sUSDf if you wanted yield. What you couldn’t do was use that dollar at a checkout.

Falcon Card is that piece. Live since July 20: load USDf, pay online or in-store, in 90+ countries, with no annual fee. Miles Season 2 now counts card-related activities too.

Note for people in sUSDf: staked USDf stays in yield. The card runs on unstaked USDf.

Transparency update as of today: $1.26B USD circulating with $1.40B in reserves, 111% backed (overcollateralized).

Full July write-up here 👉 https://falcon.finance/news/-july-2026-collateral-unlocks-usdf-and-falcon-card-makes-it-spendable

There’s about $37B in tokenized RWAs now, which is very impressive.

Most of that value still looks more like inventory than liquidity though. We’ve said this a lot: putting an asset onchain was never the hard part, making it useful is.

Eligible RWAs on Falcon can mint USDf, so the underlying asset can be productive.

Explore more about USDf at 👉 https://falcon.finance

Something we keep coming back to with yield-bearing stablecoins and synthetic dollars:

It’s a two-engine market now, roughly half of what’s tracked is Treasury/RWA-backed, and the other half is DeFi-native.

Falcon works across both.

You can mint USDf on eligible crypto and tokenized RWA, and stake into sUSDf for protocol yield generated from market strategies on top of a multi-asset reserve base.

Explore more about USDf at 👉 https://falcon.finance