Falcon USD (USDf) vs Falcon Staked USDf (sUSDf)

Falcon USD and Falcon Staked USDf are two widely followed stablecoins. Both target the US Dollar. They share a cefi-dependent governance model. Both use crypto-backed designs. USDf is not yield-bearing, while sUSDf is yield-bearing. This static comparison highlights structural differences before you open the live Pharos compare tool.

Comparison brief

USDf has 5 tracked deployments, while sUSDf has 1. Both sit in the crypto cohort. Use the rows below to separate headline market share from the mechanics that matter during stress: redemption path, reserve signal, blacklistability, and venue depth.

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USDf

Falcon USD

Non-yield-bearing design
5 tracked chain deployments
HT Digital Ltd weekly collateral-review letters alongside quarterly reasonable-assurance reports. The transparency registry fetched on 2026-10-01 lists a weekly letter covering 2026-09-28; its newest quarterly assurance report still covers 2026-04-30 and is signed 2026-06-19. The weekly letter does not state a formal assurance standard or liability-verification procedures. latestReport retains the reviewed issuer-API snapshot of 2026-08-07 that supports the authored composition; newer coarse collateral letters and live API snapshots are references, not evidence for re-dating those rows. reserve attestations

Open USDf detail page →

sUSDf

Falcon Staked USDf

Yield-bearing design
1 tracked chain deployments
Ethereum onchain vault accounting and direct USDf token balances. This proves the local wrapper position, not independent financial assurance of the parent's reserves. reserve attestations

Open sUSDf detail page →

At a glance

Static structural differences between the two stablecoins before you switch to the live comparison tool.

USDf vs sUSDf comparison summary
Metric	USDf	sUSDf
Safety Score (as of 2026-10-24)	C- 54/100	D 49/100
Governance	CeFi-Dependent	CeFi-Dependent
Backing	Crypto	Crypto
Peg target	US Dollar	US Dollar
Yield-bearing	No	Yes
Governance + backing lens	CeFi-Dependent / Crypto	CeFi-Dependent / Crypto
Blacklist controls	Issuer blacklist controls	Issuer blacklist controls
Reserve signal	Real-time reserve reporting	Real-time reserve reporting
Tracked chains	5 deployments	1 deployments

Source: checked-in StablecoinMeta profile fields in the current Pharos build. Static deployment counts and reserve-provider labels are structural context; open the live detail and compare tools for current market, peg, liquidity, and reserve freshness.

Research links

Falcon USD (USDf) detail page Falcon Staked USDf (sUSDf) detail page Open the live USDf vs sUSDf compare tool Review peg history and active depegs Check mint/burn pressure Review yield context Trace collateral and wrapper dependencies Check DEX liquidity depth before sizing an exit

Related taxonomies

CeFi-Dep stablecoins Crypto stablecoins Explore all USD stablecoins

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USDe vs USDf

USDf vs sUSDf FAQ

What is the main difference between USDf and sUSDf?

Falcon USD (USDf) and Falcon Staked USDf (sUSDf) share the same broad governance and backing labels in Pharos, so the useful comparison is in the live details: peg history, liquidity depth, reserve signal, issuer controls, chain deployments, and dependency exposure.

Which is safer: USDf or sUSDf?

In the Pharos Safety Score release of 2026-10-24, USDf held a C- Safety Score grade (54/100) and sUSDf held a D Safety Score grade (49/100). Safety is not decided by ticker alone. Use this static page for the structural comparison, then open the live USDf vs sUSDf compare tool and Safety Scores page for current V10 Backing, Exit, and Economic Control pillars plus peg behavior, dependency exposure, evidence quality, and structural caps.

Where can I compare current USDf and sUSDf data?

Open the live USDf vs sUSDf comparison from this page to see current peg behavior, liquidity, flows, and Safety Scores. Use this brief to understand the structural differences, then check each coin's latest evidence before making a decision.