USDfvsU
Falcon USD vs United Stables — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
USDf — Falcon USD
U — United Stables
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Over the last 30 days USDf supply moved -0.3% and U +17.4% — U grew faster. U held the tighter band: worst deviation 9 bps against 54 bps.
Key differences
- USDf and U are similar in size — within 10% of each other by USD-equivalent value.
- USDf ranks #14 while U ranks #15 among all tracked stablecoins.
- Both are pegged to the same currency (USD), so they compete directly for the same use cases.
- Both are crypto-backed stablecoins, so the mechanism is not what separates them.
- U reports stablecoin basket in reserve. We do not track a published reserve breakdown for USDf.
- Chain coverage is comparable: USDf on 2 chains, U on 3.
- Primary chain differs — most USDf supply lives on Ethereum, while most U supply is on BSC.
Full comparison table
| Metric | USDf | U |
|---|---|---|
| USD circulation value | $1.26B | $1.21B |
| Rank (by USD value) | #14 | #15 |
| Peg | USD | USD |
| Mechanism | crypto-backed | crypto-backed |
| Backing | Delta-neutral (Falcon) | Stablecoin basket |
| Chains deployed | 2 | 3 |
| Primary chain | Ethereum | BSC |
| Issuer | Falcon Finance | — |
| CoinGecko | View → | View → |
Frequently Asked Questions
What's the main difference between USDf and U?
Both track USD, so they compete for the same use cases. U holds stablecoin basket. We track no published reserve breakdown for USDf. USDf ranks #14 by USD value and U ranks #15.
Which is bigger, USDf or U?
USDf is larger, with $1.26B in circulation vs $1.21B for U. That's roughly 1.0× the size.
Is USDf safer than U?
Neither is inherently safer. Safety turns on reserve composition, issuer transparency, redemption rights and regulatory oversight — none of which this page audits. Both use a crypto-backed model, so the difference sits in the issuer and the reserves rather than the design. Read each issuer's most recent reserve attestation before choosing.
Can I convert between USDf and U?
Yes. USDf and U both trade on major centralized and decentralized exchanges. Since both track USD, the exchange rate is typically very close to 1:1. Direct swap protocols on Ethereum, Solana, and other chains offer the tightest spreads.
Should I choose USDf or U?
The right choice depends on your use case. Consider: which chain do you need? USDf is available on 2 chains and U on 3. What backing do you prefer? What's your integration surface (exchanges, DeFi protocols, payment providers)? Both have deep liquidity, so market cap alone shouldn't decide it.