Falcon Finance Adds Kyrgyzstan-Backed Stablecoin KGST as Collateral for USDf

• —KGST is a BEP-20 stablecoin pegged to the Kyrgyzstani som and issued by KGSToken LLC
• —USDf reserves rose to $1.90 billion, lifting the backing ratio to 156.47% from 141.6% in August
• —BTC accounts for 64.38% of reserves (~$1.22 billion), followed by enzoBTC at 18.28% and mBTC at 13.93%
• —sUSDf yields 4.21% annually and is backed by a $10 million insurance fund