FTH Trading · Norcross, Georgia
FTH Trading is building USDF, a digital dollar, and Suduk, a gold coin, on one system: an issuing console, a reserve ledger, an attestation page and an investor portal. The code exists and passed its tests. Nothing is issued until counsel clears the route.
FTH Trading holds no stablecoin issuer approval today and does not represent otherwise. No bank, custodian, vault or partner is signed.
Who we are
FTH Trading is based in Norcross, Georgia, and is part of the FTH group, a hands-on holding company founded in 2005 with interests across finance, technology, real estate, energy, education and aviation.
FTH Trading's work is the stablecoin program: two instruments, one issuing system, and a record of every action that a bank or an auditor can check without asking us. Built together by FTH Trading and UnyKorn LLC, partners in this program.
What is built, and what is new
Status as verified on 19 October 2026. The dollar side is a working system that has never been switched on for the public. The gold side starts from zero.
Built on code that exists and passed its tests. The issuing account is live on the Stellar network with the controls set: only approved holders can hold it, and FTH can freeze or recall. No USDF has been issued to anyone.
About USDF →Being built from zero, starting now, on the same system as USDF. No code, no metal, no vault and no name are committed yet. The gold logic is the new part; everything else is shared.
About Suduk →Every receipt, approval, attestation and document in the program is fingerprinted onto the program's record chain, built and run together by the partners, and checkpointed once a day to Base, a public network nobody at FTH runs. That is what a bank or auditor verifies: the proof, not our word.
What we issue, and what we do not
| Attribute | USDF | Suduk |
|---|---|---|
| One unit is | redeemable for one US dollar from the reserve | a fixed weight of allocated gold |
| Backed by | US dollars and Treasury bills held at an institution in FTH's name, attested monthly | vaulted Good Delivery bars under bailment, bar list published, attested monthly |
| Who can hold it | approved institutions and investors only | approved holders only |
| Created and redeemed by | FTH staff on the console, two approvals per action, every action recorded | same |
| Pays the holder | nothing. US law forbids interest to coin holders. The issuer earns on the reserve. | nothing; a holding fee may apply |
| Networks | Stellar first (account exists), Ethereum-type second | same |
| Issued to the public | not until counsel clears the route | not until counsel clears the route |
The honest line for every page and every investor until counsel clears it: FTH Trading holds no stablecoin issuer approval today and does not represent otherwise. No bank, custodian, vault or partner is signed.
Contact
Institutions, investors and counsel can reach the program lead directly.
Talk to FTH TradingFTH Trading holds no stablecoin issuer approval today and does not represent otherwise. No bank, custodian, vault or partner is signed.
