Falcon Finance, a synthetic dollar protocol, has reached $25 million in total value locked (TVL) as it gains momentum in the market. The platform focuses on transparency, cybersecurity, and risk management. It recently received a $10 million allocation from DeXe and has been refining its platform based on user feedback during closed beta testing. The platform is now open to whitelisted users and is aiming to become a stablecoin platform that enhances liquidity for institutional investors, businesses, and individual users. Falcon Finance also aligns with regulatory frameworks and collaborates with authorities to foster trust in the Web3 landscape.
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