Falcon Finance Adds Kyrgyz KGST Stablecoin as Collateral for USDf Minting
Falcon Finance (FF)
Editor:
Eugene Serbin
crypto-economy.com reports that Falcon Finance has enabled KGST, a stablecoin pegged to the Kyrgyzstani som, as valid collateral for minting its synthetic dollar, USDf. The integration allows KGST holders to post their tokens directly from app.falcon.finance without converting to another currency first. KGST is issued by KGSToken LLC as a BEP-20 token on BNB Chain, with reserves held in licensed Kyrgyz banks under local virtual asset legislation.
At month’s end, USDf supply stood at $1.21 billion, with $57.39 million in sUSDf. Total reserves reached $1.90 billion, raising the backing ratio from 141.6% on August 31 to 156.47%. BTC dominates the reserve composition at 64.38%, followed by enzoBTC at 18.28% and mBTC at 13.93%. sUSDf trades at $1.1366 per unit, delivering a 4.21% annual yield backed by a $10 million insurance fund.
Additionally, fUSD operates as an institutional rail issued by Anchorage Digital Bank, aligned with the GENIUS Act framework. Falcon celebrated the first anniversary of the FF TGE on September 29 at Korea Blockchain Week in Seoul. Chief RWA Officer Artem Tolkachev also presented at EBC12 in Barcelona on the real conditions a tokenized asset must meet to function as collateral under stress.
How the market reacted
Whalio's own Binance spot order flow for FF, measured when this story was written up on 1 October 2026. Not the outlet's figures.
FF is trading at $0.1302 with a 1-hour buy ratio of 54.1%, indicating immediate buying interest that contrasts with the 45.5% ratio over the past 24 hours. The 1-hour volume delta is positive at +$1,772, while the 4-hour delta is slightly positive at +$323, suggesting short-term accumulation. However, the 24-hour volume delta is negative at -$139,725, showing that selling pressure has dominated the broader recent timeframe. The cumulative volume delta (CVD) for the 24-hour close is +$12,277, reflecting net buying activity over the full day. This means that while recent hours show buyers stepping in, the overall daily flow has been net negative. The coin recorded 30,251 trades in the last 24 hours with a spot volume of $1,541,858.
The latest daily buy ratio of 22.8% sits at the 0th percentile of the last 322 days, against a median of 48.8% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for FF, averaged over the days leading up to the story.
Over the preceding week, FF experienced a 7-day average buy ratio of 44.5%, meaning the current 24-hour ratio of 45.5% is only marginally higher by 1.0 point. The 24-hour spot volume of $1,541,858 represents 0.84x the average volume, indicating lower-than-usual trading activity. This is an ordinary day for the coin, as there were zero days of net buying in the past week compared to the current mixed signal. The 8-day volume delta total was -$1,588,644, showing a consistent outflow of capital over the longer period. The price change over 8 days was -0.4%, confirming the lack of significant upward momentum despite the recent short-term buy ratio increase.