Falcon Finance’s USDf added $64.6 million in market cap during the week ending October 19, 2026, recording the biggest gain of any stablecoin issuer. This growth exceeds the combined gains of Open Standard ($36.1 million) and United Stables ($23.3 million). USDf’s market cap stood between $1.72 billion and $1.83 billion in mid-to-late October 2026, with 30-day growth exceeding 38%. Falcon Finance, launched in early 2025, benefits from strategic support by DWF Labs and has integrated KGST, a stablecoin backed by the government of Kyrgyzstan. Open Standard launched its OUSD stablecoin on September 30, 2026, with combined support exceeding $1 billion in liquidity from Coinbase, Mastercard, Stripe, and Visa.
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