Falcon Finance Publishes Independent Quarterly Audit Report Confirming USDf Fully Backed by Reserves
British Virgin Islands, BVI, October 1st, 2025, Chainwire
Falcon Finance today published the results of its first Independent Quarterly Audit Report on USDf Reserves, conducted by audit firm Harris & Trotter LLP. The report confirms that all USDf tokens in circulation are fully backed by reserves that exceed liabilities, reinforcing Falcon Finance’s commitment to transparency, stability, and compliance-first design.
All reserves are held in segregated, unencumbered accounts on behalf of USDf holders. The assurance review was conducted under the International Standard on Assurance Engagements (ISAE 3000), with procedures verifying wallet ownership, collateral valuation, user deposits, and reserve sufficiency.
Falcon Finance also provides weekly verification of USDf issuance and reserves via its Transparency Page, with ongoing third-party reviews planned to maintain accountability.
Andrei Grachev, Founding Partner of Falcon Finance, said: “Independent quarterly audits are essential for building trust in stablecoin infrastructure. This review confirms that USDf is not only fully collateralized but backed by a diversified reserve base designed for resilience. At Falcon, we are building stable, yield-generating infrastructure that meets the expectations of institutions, regulators, and onchain users alike.”
The publication of Falcon Finance’s independent Quarterly Audit report marks an important step in setting higher standards for stablecoin transparency and collateral management, with subsequent quarterly reports to follow. With reserves confirmed to exceed liabilities and real-time verification available onchain, Falcon is reinforcing the foundations for compliant, yield-generating financial infrastructure. As the industry moves toward greater regulatory oversight and institutional adoption, Falcon Finance will continue to prioritize transparency, independent validation, and robust collateral frameworks to ensure long-term trust in USDf.
About Falcon Finance
Falcon Finance is building a universal collateral infrastructure that turns any custody-ready asset, including digital assets, currency-backed tokens, and tokenized real-world assets, into USD-pegged onchain liquidity.
By bridging onchain and offchain financial systems, Falcon gives institutions, protocols, and capital allocators a simple way to unlock stable and yield-generating liquidity from the assets they already hold. Learn more: falcon.finance.