27-05-2025
USDFC Official Launch on the Filecoin Network
ZUG, SWITZERLAND / ACCESS Newswire / May 27, 2025 / Secured Finance AG announced the official launch of USDFC, a USD-denominated stablecoin on the Filecoin Network. Users can now mint, swap, pay, lend, borrow and bridge USDFC entirely on-chain.
What Is USDFC?
USDFC is a USD-pegged stablecoin issued against at least 110% over-collateralization in native FIL. Third-party-audited smart contracts and a 24-hour arbitrage bot monitor and correct the price (target ≈ 1 USDFC = 1 USD). Anyone can mint or redeem directly on-chain.
USDFC Use Cases (with more coming)
Security & Stability
Resources
About Secured Finance AG
Secured Finance AG is a fintech company building on-chain fixed-rate lending markets and the USDFC stablecoin. Backed by investors including Protocol Labs, FinTech Collective, GSR and HTX Ventures, the company's mission is to deliver inter-bank-grade transparency and security to Web3 and connect real-world finance with blockchains.
Disclaimer
This press release is provided for informational purposes only and does not constitute an offer to sell, or the solicitation of an offer to purchase, USDFC or any other digital asset in any jurisdiction. USDFC is currently not available to persons located or resident in the United States, the United Kingdom, the European Economic Area, Japan, Canada, or any OFAC-sanctioned country. USDFC is a stablecoin collateralized by FIL (Filecoin) and is not legal tender. Holding or using USDFC involves risks, including price volatility of the underlying FIL collateral, liquidity and redemption risks of USDFC itself, and the risks inherent in trading on SushiSwap V3, lending on Secured Finance, and bridging via Axelar or Squid. Nothing in this press release constitutes financial, legal, or tax advice. Before engaging with USDFC, you should consult your own financial, legal, and tax advisors. Past performance is not indicative of future results.
Contact:
Taiga Yamada
[email protected]
SOURCE: Secured Finance AG
press release
