Falcon Finance, a leading universal collateral platform for onchain liquidity and delta-neutral yield, has added Centrifuge’s flagship real-world asset (RWA) token JAAA as eligible collateral for minting its stablecoin USDf.

Alongside JAAA, Falcon Finance is also onboarding JTRSY, a short-duration tokenized U.S. Treasury product, further broadening its suite of institutional-grade collateral beyond crypto-native assets, treasuries, and tokenized equities.

JAAA managed by global asset manager Janus Henderson and issued by Centrifuge currently commands over $1 billion in total value locked (TVL). The token represents a curated portfolio of investment-grade, short-duration corporate credit packaged as an onchain ERC-20 asset.

“Tokenizing real-world assets is only the first step. The real transformation happens when these assets can be used as collateral directly onchain,” said Bhaji Illuminati, CEO & Co-Founder of Centrifuge Labs. “By enabling JAAA and JTRSY to power new forms of credit through Falcon Finance, this partnership unlocks additional utility for holders and moves the industry closer to a fully interoperable, onchain financial system.”

How it works for users

After completing Falcon’s KYC process, institutions and qualified users can:

• Deposit JAAA or JTRSY as collateral (held in segregated reserve accounts)
• Mint USDf against the position while retaining full economic exposure to the underlying RWA
• Deploy the newly minted USDf across DeFi — into staking, liquidity provision, restaking, or Falcon’s market-neutral yield strategies

Notably, USDf’s economics remain independent of the underlying RWA yield; returns are generated exclusively through Falcon’s delta-neutral strategy stack, keeping risk and reward clearly separated.

Read More:

https://falcon.finance/news/falcon-finance-adds-centrifuges-jaaa-as-collateral-unlocking-onchain-liquidity-for-institutional-grade-credit