I woke up in the afternoon to find that my position had suffered from severe FUD. The stablecoin market is flourishing this year, with various companies having their own application scenarios and self production and sales systems In my opinion, DWF and Sun Ge are the most sensitive players in this wave of stablecoins, with a layout time leading the market by at least 3-5 steps. When most teams are still in the entrepreneurial stage, they have already completed the product launch and system building Among them, USDF can be said to be one of the fastest growing stablecoins, with TVL reaching $500 million, ranking among the top stablecoins. Combined with the influence, discourse power, and resources of DWF itself, it is expected that stablecoins will grow rapidly. As the heat rises, being FUD is also normal, after all, from stablecoins to exchanges, from big brother CZ to hmm hmm, which one is not the target of being alternately dragged and trampled. When the market is boring, this kind of thing is easy to happen In the evening, the official also released Falcon Finance's income structure and reserve situation: the main source of income is Delta neutral trading strategy, including basis arbitrage, risk-free arbitrage, and pledge income; As market makers, they also have an advantage derived from over-the-counter (OTC) trading returns The reserve structure is also relatively safe: stablecoins and Bitcoin account for about 89% (approximately $565 million), while altcoins account for about 11% (approximately $67.5 million). The current excess collateral ratio is 116% and has been audited In summary, this is a growing agreement and also taking a steady path. Being targeted and questioned is actually a cost of being ahead