Platform basics
Understand wallets, USDG, and the actions on Stables.fast.
Stables.fast connects branded stablecoins with asset markets. Keep three things separate: USDG is the backing asset, the branded stablecoin is the reserve claim, and the paired asset is what people trade. The asset's market price can move even when the branded stablecoin uses 1:1 reserve accounting.
Before confirming a transaction, check the network shown in the app and your wallet. Mainnet and testnet use separate contracts and balances.
You need a connected wallet, the tokens required for your action, and ETH on the selected network to pay transaction gas.
| Action | What it does |
|---|---|
| Issue | Register a new branded stablecoin. |
| Mint | Deposit USDG to receive an existing branded stablecoin. |
| Redeem | Return a branded stablecoin to withdraw its backing. |
| Convert | Exchange two registered brands in the same reserve. |
| Trade | Buy or sell an asset at a market price. |
| Provide liquidity | Deposit tokens that other users can trade against. |
A token approval permits a contract to spend tokens; it is separate from the action itself. Review each wallet request and wait for confirmation. A failed trade can still consume gas.
A simple example
Mint 100 branded units with 100 USDG. You can keep them, convert them into another registered brand, or spend them buying an asset. If you trade them away, you no longer hold that reserve claim; whoever holds those branded units can redeem them. Buying an asset does not make the asset redeemable for its purchase price.
See Our stablecoins for redemption conditions and Markets for pricing.