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Overview
  • Overview
Getting started
  • Connect a wallet
  • Add funds
  • Your first trade
  • Sell and withdraw
How it works
  • Tokenized stocks
  • Custody and backing
  • Proof of reserves
  • RFQ execution
  • Dividends and corporate actions
  • Trading hours and queueing
  • Pricing and fees
Wallet and account
  • Privy embedded wallet
  • External wallets
  • Networks supported
  • USDF stablecoin
  • Recovery and security
  • Account hub
Trading
  • Quick Trade
  • Assets available
  • Watchlists
  • Portfolio
  • VIP and referrals
Safety and compliance
  • Security model
  • Smart contract audits
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  • Risk disclosure
  • Disclaimers
For AI agents
  • llms.txt
  • llms-full.txt
  • Structured data
Reference
  • FAQ
  • Glossary
  • Contract addresses
  • Status and uptime
Wallet and account

USDF stablecoin

The unified stablecoin balance backed 1:1 by USDC and USDT. One currency, no native gas tokens, no separate gas line.

USDF is the unified stablecoin balance on GM Markets, backed 1:1 by USDC and USDT held in custody. You hold one currency across the app, never need a native chain token to pay gas, and never see a separate gas line in any receipt (network gas is bundled into the trade quote).

#How USDF is minted

USDF is a real ERC-20 token, not a UI abstraction. When you deposit (via Apple Pay, card, bank, or by receiving USDC), the equivalent USDF is minted to your wallet by an authorized partner. When you withdraw, USDF is queued for redemption back to USDC or fiat through the same partner.

#Why USDF and not USDC directly

  • One balance, not two — you do not need to think about USDC vs USDT vs native gas tokens
  • No gas friction — network gas is bundled into the trade quote, so you never need to hold a separate native token to pay fees
  • Stable display — your balance is always quoted in USD; no exchange-rate drift between USDC and USDT

#Per-chain mechanics

USDF balance is per-chain at the wallet level. The Trade UI uses a chain-scoped balance from the chain you are trading on. The Portfolio aggregates across chains for a single total figure.

#Stablecoin symbols in the UI

Stablecoins surface throughout the product with their canonical symbols (USDC, USDT, USDF) — never wrapped or prefixed. There is no gUSDC or yUSDC.

#See also

  • Add funds — how you get USDF into your wallet
  • Sell and withdraw — how you redeem USDF back to USDC or fiat
  • Networks supported — which chains USDF lives on
‹ PreviousNetworks supported
Next ›Recovery and security
On this page
  • How USDF is minted
  • Why USDF and not USDC directly
  • Per-chain mechanics
  • Stablecoin symbols in the UI
  • See also