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Convert USDF — Bridge to World

Convert member USDF to USDT or USDC via Tether/Circle partner TCB accounts. USDF is burned, USD flows to partner, stablecoin issued to member's external wallet.

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Conversion Pipeline

  1. 1
    Member USDF Verified

    Confirm member holds sufficient USDF balance

  2. 2
    AML/Sanctions Check

    OFAC/SDN screening on destination address

  3. 3
    USDF Burned

    USDF transferred to FTHUSD issuer and burned on-chain

  4. 4
    USD → Partner TCB

    FTHUSD wires USD to Tether/Circle TCB account

  5. 5
    Stablecoin Issued

    Partner issues USDT/USDC to member's external wallet

How It Works

1
USDF Burned
Member's USDF transfers to FTHUSD issuer and is permanently burned on-chain
2
USD to Partner
FTHUSD wires USD from FTHUSD TCB to Tether's TCB account at Texas Capital Bank
3
USDT Issued
Tether issues USDT to member's external wallet on Ethereum

Conversion Details

Rate
1 USDF = 1 USDT (1:1)
Fee
0.10% — Institutional Rate
Network
Ethereum
Settlement
USD Wire: 1-2 days · USDT: On-chain < 5 min

Partner TCB Accounts

Tether (USDT)Ethereum · Tron · BSC
Circle (USDC)Ethereum · Solana · Polygon
All partners hold TCB accounts at Texas Capital Bank for USD settlement within the FTH private network.