What is USDF?
USDF is a 100% fiat-backed U.S. dollar multichain stablecoin issued by FREEDOM designed to offer users a low-volatility asset that investors and traders alike can use for trading and other activities directly on the blockchain.
For every unit of USDF, there is one U.S. dollar held in reserve, with additional USDF only being minted as users deposit accepted fiat or stablecoins in exchange for USDF with unlimited supply.
Use cases of USDF
USDF is designed to be used in many purposes including:
- Yield: USDF can be locked as long-term savings to earn yield
- Lending: Pledge your USDF to acquire a loan with installment payments, similar to securities based loans
- Multichain Interoperability: providing a chain-agnostic solution that works on cross-chain or multi-chain networks to improve efficiency
- Discounts and benefits from partners: Cashless transaction via USDF offers special discounts, rewards and perks from our participating merchants
- Withdrawal Selection: As USDF is collateralized by USD, it features the withdrawal ability with a selection of stablecoins such as BUSD, USDC and more coming soon.
USDF has been designed with thorough analysis of tokenomics with an intention to be transparent with monthly audited by leading institutions to ensure a 1:1 USD peg
About Freedom
Freedom is a blockchain-metaverse solutions provider that has developed other customer-centric products that aim to deliver next-generation financial experiences with the goal of driving blockchain utilization and increasing financial inclusion for all.
Freedom’s products and services include Freedom Card and Freedom Wallet, both are cutting-edge blockchain-based transactions services.
Freedom’s mission is to continue innovating and creating products that empower users to have the freedom to use their digital assets in the physical world so they can live the lives they envision with zero restrictions.