Pay with USDC · SPY
Want to put your USD Coin (USDC) to work in SPDR S&P 500 ETF Trust (SPY)? On GM Markets you can buy tokenized SPY, backed 1:1 by real shares, funding the purchase with USDC. This guide covers how the USDC-to-stock flow works, the live price, the fees, the risks, and the steps to place your first order.
Funding
USD Coin (USDC) is a US-dollar stablecoin on Solana, so its value tracks the dollar. It is the most direct way to fund tokenized-stock purchases without price swings on the cash leg.
About the fund
SPY is an exchange-traded fund that holds the stocks in the S&P 500 index, giving a single position exposure to about 500 of the largest US companies weighted by market value. It is one of the oldest and most heavily traded ETFs, and it aims to track the index performance before fees rather than to beat it.
The bull case
Investors use SPY for low-cost, one-trade diversification across the largest US companies, deep liquidity, and a long track record as a core portfolio building block.
Key risks
SPY carries the full market risk of US large-cap equities and can fall sharply in downturns, it is concentrated in its largest holdings and heavily weighted toward the technology sector, and it offers no protection against broad market declines.
Step by step
Create a wallet
GM Markets is non-custodial, so you connect a self-custody wallet and keep your own keys. There is no lengthy brokerage onboarding.
Fund with USDC
Add USDC to your wallet. GM Markets settles trades in stablecoins, so this becomes your buying power.
Find SPY
Search for SPDR S&P 500 ETF Trust (SPY) in the GM Markets terminal to see the live order book and chart.
Place your order
Buy from as little as $1 with a market or limit order. Your SPY token is backed 1:1 by a real share held at a regulated issuer.
Hold, trade, or redeem
Your position settles on-chain and is yours. Sell any time, or hold for exposure to SPY.
FAQ
Other options
See the full SPDR S&P 500 ETF Trust guide or the USD Coin hub.
Trading involves risk, including possible loss of principal. The value of tokenized assets and perpetual positions can fall as well as rise, and past performance is not indicative of future results. Perpetual futures are leveraged products and may not be suitable for every user.
GM Markets does not offer its product or services to users in the United States, or in any other restricted jurisdiction.
GM Markets does not provide financial, investment, tax, or legal advice. All investments carry risk including the loss of principal. Past performance does not guarantee future returns.
