Falcon Finance launched a Visa card that turns tokenized stocks and gold into spendable USDf. It pushes onchain assets toward everyday payments.
Alpha Score of 73 reflects strong overall profile with strong momentum, moderate value, strong quality, moderate sentiment.
Falcon Finance launched a payments card called Falcon Card that lets users convert tokenized assets into cash they can spend. The card runs on the Visa network. Users deposit collateral – stablecoins, crypto, tokenized gold like XAUt, or tokenized stocks from Ondo and xStocks – to mint USDf, an overcollateralized synthetic dollar.
The product bridges the gap between onchain holdings and real-world spending. Holders of tokenized real-world assets can now use them for daily purchases without first selling into fiat. The overcollateralization structure means USDf is backed by more than the face value of the minted tokens, a design meant to absorb price swings in the underlying collateral.
Falcon Finance said the card is available through its platform. The launch comes as several projects push tokenized assets beyond trading into utility. Visa's involvement gives the card access to a merchant network that standard crypto debit cards already use.
The main risk sits in the collateral pool. If a sharp drop in tokenized stock or gold prices triggers a liquidation cascade, USDf holders could face redemption delays. Falcon Finance said the overcollateralization buffer is set at 125% for most assets, which would need a 20% fall to begin stress.
The company plans to add more collateral types in coming months. No specific timeline was given.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.