Falcon Finance leads weekly stablecoin growth with $64.6M jump

Falcon Finance’s USDf added $64.6 million in market cap during the week ending October 19, 2026. That was the biggest gain of any stablecoin issuer on the weekly leaderboard. The more pointed detail is what it beat. USDf’s weekly haul topped the combined growth of Open Standard and United Stables, two issuers that would each count as a respectable week on their own. The weekly scoreboard Open Standard’s OUSD grew by $36.1 million over the same stretch. United Stables added $23.3 million. Stack those two together and they still fall short of Falcon’s number. SoFi also made the list, growing by $21.3 million, which put it behind Falcon as well. By that measure, USDf had a strong month. Its circulating supply sat between approximately $1.72 billion and $1.83 billion as of mid-to-late October 2026, depending on the dataset. Some trackers clocked its 30-day growth at more than 38%, with one figure reaching as high as +38.6%. The weekly jump was not even Falcon’s biggest recent move. In early October 2026, USDf posted a single-day increase of +$74.4 million, more than its entire gain for the week ending October 19. How USDf works, and who is behind it Falcon can mint USDf against other s...