Pay with USDC · BAC
Want to put your USD Coin (USDC) to work in Bank of America Corporation (BAC)? On GM Markets you can buy tokenized BAC, 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 stock
Bank of America is one of the largest US banks, providing consumer banking, wealth management, corporate and investment banking, and global markets services. It makes money primarily through net interest income on loans and deposits, along with fees from advisory, trading, and wealth-management activities.
The bull case
Investors bullish on Bank of America point to its vast retail deposit base, scale across multiple business lines, and leverage to higher interest rates as potential supports for earnings.
Key risks
As a large bank, it is exposed to credit losses in downturns, interest-rate and deposit-cost swings, regulatory capital requirements, and market volatility affecting trading and investment-banking results.
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 BAC
Search for Bank of America Corporation (BAC) 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 BAC 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 BAC.
FAQ
Other options
See the full Bank of America Corporation 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.