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Member Cash Out — USDF to USD

Member redeems USDF for USD. USDF is burned on FTHUSD issuer, USD wired from FTHUSD TCB to member's TCB account.

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Cash Out Compliance Flow

  1. 1
    Member USDF Verified

    Confirm member holds sufficient USDF balance

  2. 2
    AML/KYC Compliance

    Validate member compliance status and limits

  3. 3
    USDF Burn Initiated

    USDF transferred to FTHUSD issuer and burned on-chain

  4. 4
    USD Wire Initiated

    FTHUSD TCB wires USD to member TCB account

  5. 5
    Confirmation & Audit

    Transaction logged in compliance ledger

How It Works

1
USDF Burned
Member's USDF transfers to FTHUSD issuer and is permanently burned on-chain
2
USD Wire Transfer
FTHUSD initiates wire from FTHUSD TCB account to member's TCB account (1-2 business days)
3
Balances Updated
Member USDF balance decreases, USD TCB balance increases by redeemed amount

Settlement Details

Banking Rail
Texas Capital Bank
Settlement
ACH / Fed Wire · 1-2 Business Days
Regulatory
FinCEN MSB · State MTL · SEC Exempt

Important

Cash out is a member redemption within the FTH private network. USDF is burned, USD is wired to the member's Texas Capital Bank account. For converting USDF to external stablecoins (USDT/USDC), use the Convert page.