#FIL# USD is about to be launched: a native stablecoin of Filecoin suitable for everyone!

After two rounds of tightly controlled testing, USDFC – the first stablecoin collateralized by native FIL – will officially open to the public next week. In this article, you'll discover: • How the Alpha →Beta timeline unfolds and why the peg is already rock solid • How USDFC actually works (110% collateral ratio), • Utilities you can take advantage of right now, • The next thing we're building is to make lending easier. USDFC has been operating under controlled conditions for several weeks from Alpha to official launch and has a 24/7 arbitrage bot guarding peg. After a comprehensive testing program, we are confident that the stablecoin is ready for public use. Alpha - March 2025 • External security audits and adversarial attack simulations • Swap pool deployment and intensive internal "dog food" trading • Beta listing on CoinGecko, DeFiLlama, GLIF Explorer, and other analytics dashboards — April 2025 to present • Bug Bounty Program: We received 36 reports from 19 white hat participants; No high-severity issues found • Crypto Econ Lab (CEL) led a comprehensive stress test: liquidation, redemption loops, and extreme cases • The Peg-monitor bot runs in real-time with ongoing fine-tuning of key beta metrics so far • SushiSwap trading volume: $>100 k per week • Cumulative borrowing limit: >250 k USD • USDFC APY: 8–10% with its own staking yield close to the same range for iFIL/pFIL collateral — next week at FIL Dev Summit 6 with the peg stable, code battle-tested, and real liquidity already flowing, we could easily move to a full public launch. Starting at block 1, every Filecoin wallet will be able to mint, swap, lend, and bridge USDFC. USDFC Chart on Gecko Terminal USDFC in Simple English 1. Lock the FIL in the vault.  2. Mint USDFC with up to 110% collateral ratio.  3. Redeem at any time by burning USDFC and withdrawing the same FIL.  4. If your ratio falls below 110%, the stability pool will pay off the debt and liquidate the treasury – now our bot will immediately arbitrage this event. Since users don't need to sell FIL to unlock liquidity, USDFC helps cushion the wild price swings that still characterize the Filecoin market. Where you can already use USDFC, SwapSushiSwapV3 is live and can be exchanged for FIL/USDFC and USDFC/axlUSDC. Payments Lighthouse now accepts USDFC as a long-term storage fee, Filecoin's first true USD checkout. Slippage-free exchangesFilecoin provides native USD liquidity for everyone, and Mint↔ Slippage-free swaps allow FIL holders to mint USDFC as an operating expense and then burn the tokens to reclaim their original FIL — with no over-the-counter trading platforms and no price implications. In our lending app, borrow with liquid staking FIL, iFIL and pFIL (≈ 10% staking yield) both as collateral. Their yields effectively offset 8-10% of borrowing costs, creating a balanced market where lenders earn USD APRs well above the average DeFi average. Bridging and cross-chain swapping via Axelar+Squid Router USDFC will move to any EVM with one click, enabling additional yield strategies on DeFi platforms. Why High-Yield USD MattersThe Filecoin ecosystem lacks seamless on-chain USD liquidity. USDFC closes this gap while offering an attractive return profile. By letting users borrow instead of selling, it contributes to price stability; By offering double-digit USD yields across chains in a single hop, it has attracted new funding to Filecoin — fueling the network's continued growth. The next step is to launch a pooled lending marketplace in Q4 2025 next to the current order book to provide one-click deposits for passive users. A dedicated market-making vault will provide additional liquidity to both lending venues, narrowing spreads and simplifying the lending experience.