diff --git a/services/opencode/src/main/kotlin/com/getcode/opencode/controllers/TransactionController.kt b/services/opencode/src/main/kotlin/com/getcode/opencode/controllers/TransactionController.kt
index 1fd7bbdd7..870edced7 100644
--- a/services/opencode/src/main/kotlin/com/getcode/opencode/controllers/TransactionController.kt
+++ b/services/opencode/src/main/kotlin/com/getcode/opencode/controllers/TransactionController.kt
@@ -33,6 +33,7 @@ import com.getcode.opencode.solana.intents.IntentType
 import com.getcode.opencode.utils.flowInterval
 import com.getcode.solana.keys.Mint
 import com.getcode.solana.keys.PublicKey
+import com.getcode.solana.keys.base58
 import com.getcode.utils.TraceType
 import com.getcode.utils.base64
 import com.getcode.utils.trace
@@ -130,6 +131,19 @@ class TransactionController @Inject constructor(
         fee: Fiat?,
         scope: CoroutineScope,
     ): Result<IntentType> {
+        trace(
+            tag = "TransactionController",
+            message = "Starting withdrawal",
+            type = TraceType.Process,
+            metadata = {
+                "amount (native)" to amount.localFiat.nativeAmount.formatted()
+                "amount (underlying)" to amount.localFiat.underlyingTokenAmount.formatted()
+                "amount currency" to amount.localFiat.nativeAmount.currencyCode.name
+                "fee" to (fee?.formatted() ?: "none")
+                "mint" to mint.base58()
+            }
+        )
+
         val verifiedState = amount.verifiedState
             ?: return Result.failure(SwapError.Other(IllegalStateException("No verified state found")))
 
@@ -156,6 +170,18 @@ class TransactionController @Inject constructor(
         destinationOwner: PublicKey,
         fee: LocalFiat,
     ): Result<SwapId> {
+        trace(
+            tag = "TransactionController",
+            message = "Starting USDF->USDC withdrawal",
+            type = TraceType.Process,
+            metadata = {
+                "amount (native)" to "${amount.localFiat.nativeAmount.formatted()} (${amount.localFiat.nativeAmount.currencyCode})"
+                "amount (underlying)" to "${amount.localFiat.underlyingTokenAmount.formatted()} (${amount.localFiat.underlyingTokenAmount.currencyCode})"
+                "fee (native)" to "${fee.nativeAmount.formatted()} (${fee.nativeAmount.currencyCode})"
+                "fee (underlying)" to "${fee.underlyingTokenAmount.formatted()} (${fee.underlyingTokenAmount.currencyCode})"
+            }
+        )
+
         val verifiedState = amount.verifiedState
             ?: return Result.failure(SwapError.Other(IllegalStateException("No verified state found")))
 
diff --git a/services/opencode/src/main/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculator.kt b/services/opencode/src/main/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculator.kt
index 0169b219e..d8f93955a 100644
--- a/services/opencode/src/main/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculator.kt
+++ b/services/opencode/src/main/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculator.kt
@@ -73,7 +73,10 @@ internal class RealVerifiedFiatCalculator @Inject constructor(
         val usdValue = amount.convertingToUsdIfNeeded(rate)
         // cap the entered amount as well, since our display rounds HALF_UP
         // e,g entered 0.02 USD, but balance is 0.016 USD
-        val cappedValue = balance?.let { min(it, usdValue) } ?: usdValue
+        // Balance may arrive in the user's local currency; normalize to USD
+        // before comparing so the capped value preserves the USD currency code.
+        val balanceInUsd = balance?.convertingToUsdIfNeeded(rate)
+        val cappedValue = balanceInUsd?.let { min(it, usdValue) } ?: usdValue
 
         val verifiedState = resolveVerifiedState(rate.currency, token.address)
 
diff --git a/services/opencode/src/test/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculatorTest.kt b/services/opencode/src/test/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculatorTest.kt
index 64d7240e4..6c977efee 100644
--- a/services/opencode/src/test/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculatorTest.kt
+++ b/services/opencode/src/test/kotlin/com/getcode/opencode/internal/exchange/RealVerifiedFiatCalculatorTest.kt
@@ -13,8 +13,10 @@ import com.getcode.opencode.model.financial.CurrencyCode
 import com.getcode.opencode.model.financial.Fiat
 import com.getcode.opencode.model.financial.HolderMetrics
 import com.getcode.opencode.model.financial.LaunchpadMetadata
+import com.getcode.opencode.model.financial.LocalFiat
 import com.getcode.opencode.model.financial.MintMetadata
 import com.getcode.opencode.model.financial.Rate
+import com.getcode.opencode.model.financial.minus
 import com.getcode.opencode.model.financial.Token
 import com.getcode.opencode.model.financial.VmMetadata
 import com.getcode.solana.keys.Mint
@@ -225,6 +227,62 @@ class RealVerifiedFiatCalculatorTest {
         )
     }
 
+    @Test
+    fun `USDF caps correctly when balance is in non-USD currency`() = runTest {
+        // Regression: when the user's local currency is stronger than USD (e.g. GBP
+        // at fx=0.79), the balance in GBP quarks is smaller than the USD equivalent.
+        // A naive min() would pick the GBP Fiat, corrupting underlyingTokenAmount
+        // with a non-USD currency code and causing "Cannot subtract different currencies".
+        val token = usdfToken()
+        val gbpRate = Rate(fx = 0.79, currency = CurrencyCode.GBP)
+
+        // User has $100 USD on-chain → £79 GBP display balance
+        val balanceGbp = Fiat(fiat = 79.0, currencyCode = CurrencyCode.GBP)
+        // User enters £79 GBP (full balance)
+        val amount = Fiat(fiat = 79.0, currencyCode = CurrencyCode.GBP)
+
+        val result = calculator.compute(
+            amount = amount,
+            token = token,
+            balance = balanceGbp,
+            rate = gbpRate,
+            trace = false,
+        ).getOrThrow()
+
+        // underlyingTokenAmount must always be USD-denominated
+        assertEquals(CurrencyCode.USD, result.localFiat.underlyingTokenAmount.currencyCode)
+        assertEquals(CurrencyCode.GBP, result.localFiat.nativeAmount.currencyCode)
+    }
+
+    @Test
+    fun `USDF withdrawal with non-USD balance does not crash on fee subtraction`() = runTest {
+        // End-to-end regression: reproduces the exact crash path in
+        // TransactionService.withdrawUsdf where amount - fee threw
+        // "Cannot subtract different currencies".
+        val token = usdfToken()
+        val gbpRate = Rate(fx = 0.79, currency = CurrencyCode.GBP)
+        val balanceGbp = Fiat(fiat = 79.0, currencyCode = CurrencyCode.GBP)
+        val amount = Fiat(fiat = 79.0, currencyCode = CurrencyCode.GBP)
+
+        val verifiedAmount = calculator.compute(
+            amount = amount,
+            token = token,
+            balance = balanceGbp,
+            rate = gbpRate,
+            trace = false,
+        ).getOrThrow().localFiat
+
+        val fee = LocalFiat.fromUsd(
+            usdf = Fiat(fiat = 1.0, currencyCode = CurrencyCode.USD),
+            rate = verifiedAmount.rate,
+        )
+
+        // This is the exact line that crashed in TransactionService.withdrawUsdf
+        val netAmount = verifiedAmount - fee
+        assertEquals(CurrencyCode.USD, netAmount.underlyingTokenAmount.currencyCode)
+        assertEquals(CurrencyCode.GBP, netAmount.nativeAmount.currencyCode)
+    }
+
     @Test
     fun `does not cap when balance is larger than amount`() = runTest {
         val supply = 1_000_000_000_000L