# Xi Ye's Investment Research Diary
The stablecoin sector has been consistently hot lately. I just saw a significant move: @FalconStable announced its official launch on @BNBCHAIN, and they are coming in with over $100 million in liquidity, which is quite impressive.
The synthetic dollar $USDf launched by this project is growing really fast, with a circulation surpassing $1 billion. It has already made its way into the top ten stablecoins on DefiLlama, and there aren't many that can achieve these numbers this year.
Many projects become conservative at this scale, but Falcon is instead going on the offensive. Coupled with the recent completion of a $10 million financing from @worldlibertyfi, it can be basically confirmed that their next strategy is to expand from cross-chain to direct competition between chains.
Not only is the scale increasing, but their strategy is also very ambitious, making it worth keeping an eye on.
Falcon x @worldlibertyfi: stablecoin power combo 🦅
To kick off USD1/USDf on BNB Chain, we’re launching 2 weeks of boosted Miles on @PancakeSwap:
🟢 LP USD1/USDf → 60x Miles
🟢 Trading USD1/USDf → 3x Miles
Plus, $14K USDf in extra rewards!
LP now to get your boost:
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