Falcon Finance, a pioneer in digital asset issuance, has announced the integration of USDf, its overcollateralized synthetic dollar, into Altery’s regulated payment infrastructure through a strategic partnership with Synterra Connect.
This collaboration marks a decisive step for USDf holders, enabling instant conversion into fiat currencies such as GBP, EUR, and USD, and access to fully regulated global payment services.
Instant Conversion and Access to Global Banking Services
Thanks to this integration, USDf holders can now transfer their tokens to a Synterra Connect address for conversion. The corresponding fiat balance is credited directly to the user’s Altery account.
From here, it is possible to leverage major banking channels, including SEPA transfers, international payments via SWIFT, local transfers, and card-linked products. At launch, the service supports GBP, EUR, and USD, also offering the possibility to send fiat funds directly to bank cards.
This solution serves as a concrete example of how activity on digital dollars can be routed through regulated payment infrastructures, in a context where specific frameworks for stablecoins are still evolving.
Flexibility for Crypto Treasuries and Trading Desks
According to Artem Tolkachev, Chief RWA Officer at Falcon Finance, “crypto trading desks and treasuries have long been requesting the ability to earn on-chain yields without sacrificing the capability to pay suppliers in euros or pounds. The integration provides this flexibility, eliminating the need to choose between DeFi yields and real-world operational needs.”
After conversion, fiat balances credited to Altery can be transferred through regulated payment channels, with client funds protected by Altery’s FCA regulatory framework. It is important to emphasize that Falcon Finance and USDf operate separately from regulated payment services, maintaining a clear distinction between on-chain management and fiat operations.
Overcoming the Barriers Between DeFi and Traditional Finance
In the past, companies and professionals active in digital asset markets faced significant obstacles when transitioning between on-chain treasury positions and traditional financial channels.
With this integration, a trading company or a Web3 treasury can maintain yield-bearing positions in Falcon’s sUSDf vault while simultaneously accessing fiat liquidity for salary payments, suppliers, or operational expenses, without having to completely abandon their on-chain strategy.
Robust and Transparent Regulatory Framework
Altery Ltd. is authorized by the United Kingdom’s Financial Conduct Authority (FCA) as an Electronic Money Institution (FRN 901037), ensuring the protection of client funds in accordance with FCA requirements.
From this regulated environment, converted funds can be transferred through local and international banking channels, access card-linked products, or facilitate payments in major currencies.
The crypto-to-fiat conversion is managed by Synterra Connect (Synterra Innovations Ltd), a company registered as a Money Services Business with FINTRAC in Canada. Falcon Finance and USDf remain independent from these regulatory frameworks, separating the on-chain issuance of the synthetic dollar from regulated fiat services and allowing each component to operate within its own compliance perimeter.
This partnership represents only the first phase of a broader collaboration among the three organizations, which are evaluating additional features, including card-linked solutions and payment services specific to certain jurisdictions.
Falcon Finance: innovation in onchain liquidity
Falcon Finance is building a universal collateralization infrastructure capable of transforming any liquid asset—including digital assets, currency-pegged tokens, and tokenized real assets—into onchain liquidity pegged to the dollar. By connecting onchain and offchain financial systems, Falcon enables institutions, protocols, and capital allocators to unlock stable, yield-bearing liquidity from assets already in their portfolio.
USDf is designed as an overcollateralized synthetic dollar, backed by a diversified mix of tokenized digital and real assets, including BTC, ETH, SOL, and tokenized government bonds, maintaining a stable 1:1 peg with the US dollar.
Unlike traditional fiat-backed stablecoins, USDf maintains its peg through active reserve management and delta-neutral strategies, with reserves exceeding the value of tokens in circulation. This structure allows institutional participants to manage exposure to underlying assets while maintaining dollar-denominated liquidity.
Altery and Synterra Connect: Regulated Infrastructures at the Service of Innovation
Altery is a group of licensed fintech companies offering a unified platform for the modern economy. The core of its offering is a cutting-edge multi-currency account that simplifies the management of money flows across currencies and borders, seamlessly integrating fiat and crypto services. In this way, Altery creates a transparent, controlled, and scalable bridge between traditional and digital payments.
Synterra Connect (Synterra Innovations Ltd), based in Canada, is registered with FINTRAC as a Money Services Business and specializes in the conversion between crypto and fiat, ensuring compliance with current regulations.
Towards a New Era for Digital Liquidity Management
The integration of USDf into Altery’s regulated infrastructure, thanks to the collaboration with Synterra Connect, represents a crucial step towards the convergence of decentralized finance and traditional payment systems. Companies and industry professionals can now benefit from a solution that combines the flexibility and yields of DeFi with the security and regulation of traditional banking services, overcoming the barriers that have so far limited institutional adoption of digital assets.
With this initiative, Falcon Finance, Altery, and Synterra Connect lay the groundwork for a more integrated, efficient, and compliant financial ecosystem, opening new opportunities for liquidity management and payments in the digital age.
