Falcon Finance Teams Up with BitGo to Secure USDf Synthetic Dollar—Custody Just Got Institutional-Grade
Falcon Finance just leveled up its custody game—and Wall Street''s dinosaurs should take note.
The DeFi player locked arms with BitGo to bring institutional-grade security to its USDf synthetic dollar. No more ''not your keys, not your crypto'' nightmares for institutional holders.
Why it matters: BitGo''s $250B+ in assets under custody means Falcon''s synthetic dollar now wears bulletproof armor. TradFi banks still charge 2% for ''secure'' storage? Cute.
The punchline: While legacy finance debates CBDCs, Falcon and BitGo just built the vault first. Your move, Jamie Dimon.