USDfvsUSDX
Falcon USD vs USDX Money USDX — side-by-side comparison of supply, chains, backing, and peg data.
Side-by-side
USDf — Falcon USD
USDX — USDX Money USDX
30-day peg stability dotted line = target · both charts share one scale
What the last 30 days show
Supply moved almost identically over the last 30 days: USDf +0.2%, USDX +0.0%. USDf held the tighter band: worst deviation 45 bps against 9912 bps.
Key differences
- USDf is roughly 1.8× larger than USDX by USD circulation value ($1.21B vs $683.4M).
- USDf ranks #16 while USDX ranks #18 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.
- Chain coverage is comparable: USDf on 2 chains, USDX on 3.
- Primary chain differs — most USDf supply lives on Ethereum, while most USDX supply is on BSC.
Full comparison table
| Metric | USDf | USDX |
|---|---|---|
| USD circulation value | $1.21B | $683.4M |
| Rank (by USD value) | #16 | #18 |
| Peg | USD | USD |
| Mechanism | crypto-backed | crypto-backed |
| Backing | Delta-neutral (Falcon) | — |
| 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 USDX?
Both track USD, so they compete for the same use cases. We track no published reserve breakdown for either coin. USDf ranks #16 by USD value and USDX ranks #18.
Which is bigger, USDf or USDX?
USDf is larger, with $1.21B in circulation vs $683.4M for USDX. That's roughly 1.8× the size.
Is USDf safer than USDX?
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 USDX?
Yes. USDf and USDX 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 USDX?
The right choice depends on your use case. Consider: which chain do you need? USDf is available on 2 chains and USDX 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.