What is USDf and the scope of integration:

USDf (Falcon USD) is a synthetic dollar issued by Falcon Finance. It is designed as an overcollateralised asset, meaning its value is backed by a diversified mix of digital and tokenised real‑world assets (such as BTC, ETH and tokenised Treasuries), while targeting a stable 1:1 value to the US dollar.

This structure, according to Falcon, is intended to help professional users, trading firms and on-chain businesses to: 

• manage exposure to underlying assets,

• maintain liquidity in a dollar-denominated token,

• move value efficiently across digital and traditional venues

By integrating USDf into Altery’s infrastructure, the collaboration supports connectivity between on‑chain liquidity and regulated off‑ramp options, linking digital-asset ecosystems with traditional payment infrastructure. 

How USDf moves through Altery

Within Altery, USDf is supported as one of the available digital funding assets. Once a user completes onboarding in an eligible jurisdiction, USDf can be transferred from a wallet, exchange account or custodian to a dedicated Synterra Connect address. After on-chain confirmation, the corresponding fiat amount is credited directly to the user’s Altery balance.

From that point, the funds behave like any other balance within Altery’s regulated environment. Users can move money through local and international bank rails, access supported card products, or make payments in major currencies depending on their jurisdiction. The experience is designed to be seamless: USDf is processed on-chain by Synterra Connect and, following conversion, the corresponding fiat funds are available within Altery Ltd’s regulated payment environment — connecting on-chain liquidity with regulated fiat payment channels through a single interface.

How this integration functions for Falcon users

For users and businesses already working with Falcon, on‑chain activity remains within the Falcon ecosystem. Users continue to mint and manage USDf through their preferred wallets, exchanges or custodians. When users choose to move from the Falcon environment into fiat channels, USDf transfers are processed by Synterra Connect for conversion into local currency, subject to onboarding and local regulatory permissions.

This cooperation allows businesses to separate trading and treasury activity using Falcon’s strategies and DeFi integrations on one side, and Altery’s regulated payment infrastructure for payrolls and expenses on the other.

Looking ahead 

The integration of USDf into Altery’s infrastructure through Synterra Connect marks the first stage of a broader collaboration between the three teams. Together, we are exploring additional opportunities to enhance the user experience in selected jurisdictions, including the potential introduction of card-linked and payment-oriented solutions. These concepts remain under evaluation and will progress only in line with applicable regulatory permissions and approvals.