USDFC (USDFC) stablecoin analytics
Answer First
What is USDFC?
USDFC is Secured Finance’s FIL-backed dollar on Filecoin, minted through collateralized Troves and redeemable on-chain for oracle-valued FIL. The static profile records its US Dollar peg mechanism as: Any holder can redeem USDFC for $1 of oracle-valued FIL less 0.5% plus the dynamic Base Rate when system collateralization is at least 110%; permissionless liquidation uses the Stability Pool and redistributes uncovered debt and collateral.
Is USDFC safe?
Pharos does not mark USDFC as absolutely safe. Static metadata says USDFC uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
USDFC (USDFC) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Oct 2, 2026
USDFC turns FIL collateral into dollar liquidity through Secured Finance’s Filecoin Troves, with direct redemption into oracle-valued FIL. Its single-asset backing avoids off-chain reserve custody but exposes the whole book to Filecoin’s native token and liquidation demand. Stability Pool funding covers only a small fraction of system debt, leaving redistribution to surviving Troves important when deposits run short.
- Collateral
- Native FIL held in Filecoin ActivePool and DefaultPool contracts; 110% minimum Trove collateralization and 150% system Recovery Mode threshold.
- Peg Mechanism
- Any holder can redeem USDFC for $1 of oracle-valued FIL less 0.5% plus the dynamic Base Rate when system collateralization is at least 110%; permissionless liquidation uses the Stability Pool and redistributes uncovered debt and collateral.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Filecoin.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usdfc-secured-finance
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Oct 2, 2026.
USDFC quick answers
What is USDFC?
USDFC is Secured Finance’s FIL-backed dollar on Filecoin, minted through collateralized Troves and redeemable on-chain for oracle-valued FIL. The static profile records its US Dollar peg mechanism as: Any holder can redeem USDFC for $1 of oracle-valued FIL less 0.5% plus the dynamic Base Rate when system collateralization is at least 110%; permissionless liquidation uses the Stability Pool and redistributes uncovered debt and collateral.
Is USDFC safe?
Pharos does not mark USDFC as absolutely safe. Static metadata says USDFC uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs USDFC?
Pharos classifies USDFC backing as Crypto-Collateralized. Collateral, per the static profile: Native FIL held in Filecoin ActivePool and DefaultPool contracts; 110% minimum Trove collateralization and 150% system Recovery Mode threshold. Reserve evidence: live reserve feed configured.
Can USDFC be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for USDFC, when applicable, appear in the dossier below.
