DWF Labs responds to "stable currency USDF short-term de-anchoring": reserve excess collateral ratio is 116%

Andrei Grachev, Managing Partner of DWF Labs, responded to the "USDF stablecoin temporarily unanchored" issue. The stablecoin and BTC collateral ratio of USDF is about 89% (approximately $565 million), with altcoins accounting for about 11% ($67.5 million). The reserve overcollateralization ratio is 116%, and for each USDF minted, it must be backed by stablecoins or equivalent hedging positions with no directional risk.