Falcon Finance announces 116.98% over collateralization of reserves in response to de anchoring situation

Falcon Finance stated in an article on its X account that its reserve funds are currently verified daily by independent institutions, and the current excess collateral ratio is 116.98%. The official statement states that the Excess Collateral Ratio (OCR) calibrates non stablecoin assets based on risk factors, while returns are generated through a delta neutral strategy to reduce market risk. In addition, Falcon Finance is working with Harris& Trotter LLP collaborates to promote quarterly assurance reports and ISAE 3000 highest audit level certification. Earlier today, Falcon USD's stablecoin USDF briefly dropped to $0.9434, but has now rebounded to $0.9924.