Faircoin
Stablecoins
GatesToken (GATES) — Stable Digital Commerce
GatesToken (GATES) is the currency for daily life in the Fair ecosystem. A fiat-collateralized stablecoin pegged 1:1 to the US Dollar, GATES enables all the benefits of digital transactions — speed, low cost, and security — without the price risk, making it the perfect currency for commerce.
What builders face
Crypto volatility prevents real commerce
Assets like Bitcoin are powerful stores of value, but their price volatility makes them impractical for merchants and consumers who need predictable pricing for daily transactions.
Existing stablecoins lack integrated ecosystems
Most stablecoins exist in isolation without a complete suite of tools for spending, converting, and managing funds in the real world.
How we solve it
Full Reserve Backing
For every GATES token in circulation, there is one US Dollar held in a fully-audited reserve account managed by the Fair Banking Trust.
Mint & Burn Mechanism
GATES supply is dynamic — new tokens are minted when users deposit USD and burned when redeemed, ensuring the supply always matches reserves.
Seamless Spending
Use GATES at partner venues, through the Fair Card at any point-of-sale terminal worldwide, or convert at FTM Kiosk locations.
The path from idea to launch
Deposit
Deposit USD through the Fair Wallet or at an FTM Kiosk to receive GATES at 1:1 value.
Hold
Store GATES in your Fair Wallet with full USD backing guaranteed by the Fair Banking Trust.
Spend
Use GATES at partner venues, on the Fair DEX, or anywhere via the Fair Card.
Redeem
Redeem GATES back to USD at any time — tokens are burned and USD is returned from reserves.
Join the Faircoin ecosystem
Thousands of builders are already shipping stablecoins solutions on Faircoin. Be part of the next wave.
Ready to ship Stablecoins?
Join the builders already powering the next era of stablecoins on Faircoin.