diff --git a/substrate/frame/support/src/traits/tokens/fungible/as_fungibles.rs b/substrate/frame/support/src/traits/tokens/fungible/as_fungibles.rs
new file mode 100644
index 0000000000000..66234a7176088
--- /dev/null
+++ b/substrate/frame/support/src/traits/tokens/fungible/as_fungibles.rs
@@ -0,0 +1,379 @@
+// This file is part of Substrate.
+
+// Copyright (C) Parity Technologies (UK) Ltd.
+// SPDX-License-Identifier: Apache-2.0
+
+// Licensed under the Apache License, Version 2.0 (the "License");
+// you may not use this file except in compliance with the License.
+// You may obtain a copy of the License at
+//
+// 	http://www.apache.org/licenses/LICENSE-2.0
+//
+// Unless required by applicable law or agreed to in writing, software
+// distributed under the License is distributed on an "AS IS" BASIS,
+// WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+// See the License for the specific language governing permissions and
+// limitations under the License.
+
+//! Adapter to use `fungible:*` implementations as `fungibles::*`.
+
+use super::{imbalance::from_fungibles, *};
+use crate::traits::tokens::{
+	fungible, fungibles, fungibles::imbalance::from_fungible, DepositConsequence, Fortitude,
+	Precision, Preservation, Provenance, Restriction, WithdrawConsequence,
+};
+use sp_runtime::{DispatchError, DispatchResult};
+
+/// Redirects `fungibles` function to the `fungible` equivalent without the AssetId argument.
+macro_rules! redirect {
+    ( $(
+        fn $fn_name:ident (
+            $(
+                $arg_name:ident : $arg_ty:ty
+            ),* $(,)?
+        ) $(-> $fn_out:ty)?;
+    )+) => {
+        $(
+            fn $fn_name((): Self::AssetId, $($arg_name:$arg_ty),*) $(-> $fn_out)? {
+                F::$fn_name($($arg_name),*)
+            }
+        )+
+    };
+}
+
+pub struct ConvertHandleImbalanceDrop<H>(PhantomData<H>);
+
+impl<B, H: fungible::HandleImbalanceDrop<B>> fungibles::HandleImbalanceDrop<(), B>
+	for ConvertHandleImbalanceDrop<H>
+{
+	fn handle((): (), amount: B) {
+		H::handle(amount)
+	}
+}
+
+/// A wrapper to use a `fungible` as a `fungibles` with a single asset represented by `()`.
+pub struct AsFungibles<F, AccountId>(PhantomData<(F, AccountId)>);
+
+impl<AccountId, F: fungible::Inspect<AccountId>> fungibles::Inspect<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	type AssetId = ();
+	type Balance = F::Balance;
+
+	redirect!(
+		fn total_issuance() -> Self::Balance;
+		fn minimum_balance() -> Self::Balance;
+		fn total_balance(who: &AccountId) -> Self::Balance;
+		fn balance(who: &AccountId) -> Self::Balance;
+		fn reducible_balance(
+			who: &AccountId,
+			preservation: Preservation,
+			force: Fortitude,
+		) -> Self::Balance;
+		fn can_deposit(
+			who: &AccountId,
+			amount: Self::Balance,
+			provenance: Provenance,
+		) -> DepositConsequence;
+		fn can_withdraw(
+			who: &AccountId,
+			amount: Self::Balance,
+		) -> WithdrawConsequence<Self::Balance>;
+		fn active_issuance() -> Self::Balance;
+	);
+
+	fn asset_exists((): Self::AssetId) -> bool {
+		true
+	}
+}
+
+impl<AccountId, F: fungible::Unbalanced<AccountId>> fungibles::Unbalanced<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	redirect!(
+		fn write_balance(
+			who: &AccountId,
+			amount: Self::Balance,
+		) -> Result<Option<Self::Balance>, DispatchError>;
+		fn set_total_issuance(amount: Self::Balance);
+		fn handle_raw_dust(amount: Self::Balance);
+		fn decrease_balance(
+			who: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+			preservation: Preservation,
+			force: Fortitude,
+		) -> Result<Self::Balance, DispatchError>;
+		fn increase_balance(
+			who: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+		) -> Result<Self::Balance, DispatchError>;
+		fn deactivate(amount: Self::Balance);
+		fn reactivate(amount: Self::Balance);
+	);
+
+	fn handle_dust(fungibles::Dust((), dust): fungibles::Dust<AccountId, Self>) {
+		F::handle_dust(fungible::Dust(dust))
+	}
+}
+
+impl<AccountId: Eq, F: fungible::Mutate<AccountId>> fungibles::Mutate<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	redirect!(
+		fn mint_into(
+			who: &AccountId,
+			amount: Self::Balance,
+		) -> Result<Self::Balance, DispatchError>;
+		fn burn_from(
+			who: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+			force: Fortitude,
+		) -> Result<Self::Balance, DispatchError>;
+		fn shelve(who: &AccountId, amount: Self::Balance) -> Result<Self::Balance, DispatchError>;
+		fn restore(who: &AccountId, amount: Self::Balance) -> Result<Self::Balance, DispatchError>;
+		fn transfer(
+			source: &AccountId,
+			dest: &AccountId,
+			amount: Self::Balance,
+			preservation: Preservation,
+		) -> Result<Self::Balance, DispatchError>;
+		fn set_balance(who: &AccountId, amount: Self::Balance) -> Self::Balance;
+		fn done_mint_into(who: &AccountId, amount: Self::Balance);
+		fn done_burn_from(who: &AccountId, amount: Self::Balance);
+		fn done_shelve(who: &AccountId, amount: Self::Balance);
+		fn done_restore(who: &AccountId, amount: Self::Balance);
+		fn done_transfer(source: &AccountId, dest: &AccountId, amount: Self::Balance);
+	);
+}
+
+impl<AccountId, F: fungible::Balanced<AccountId>> fungibles::Balanced<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	type OnDropDebt = ConvertHandleImbalanceDrop<F::OnDropDebt>;
+	type OnDropCredit = ConvertHandleImbalanceDrop<F::OnDropCredit>;
+
+	fn rescind((): Self::AssetId, amount: Self::Balance) -> fungibles::Debt<AccountId, Self> {
+		let dept = F::rescind(amount);
+		from_fungible(dept, ())
+	}
+
+	fn issue((): Self::AssetId, amount: Self::Balance) -> fungibles::Credit<AccountId, Self> {
+		let credit = F::issue(amount);
+		from_fungible(credit, ())
+	}
+
+	fn pair(
+		(): Self::AssetId,
+		amount: Self::Balance,
+	) -> (fungibles::Debt<AccountId, Self>, fungibles::Credit<AccountId, Self>) {
+		let (dept, credit) = F::pair(amount);
+		(from_fungible(dept, ()), from_fungible(credit, ()))
+	}
+
+	fn deposit(
+		(): Self::AssetId,
+		who: &AccountId,
+		value: Self::Balance,
+		precision: Precision,
+	) -> Result<fungibles::Debt<AccountId, Self>, DispatchError> {
+		F::deposit(who, value, precision).map(|dept| from_fungible(dept, ()))
+	}
+
+	fn withdraw(
+		(): Self::AssetId,
+		who: &AccountId,
+		value: Self::Balance,
+		precision: Precision,
+		preservation: Preservation,
+		force: Fortitude,
+	) -> Result<fungibles::Credit<AccountId, Self>, DispatchError> {
+		F::withdraw(who, value, precision, preservation, force)
+			.map(|credit| from_fungible(credit, ()))
+	}
+
+	fn resolve(
+		who: &AccountId,
+		credit: fungibles::Credit<AccountId, Self>,
+	) -> Result<(), fungibles::Credit<AccountId, Self>> {
+		F::resolve(who, from_fungibles(credit)).map_err(|credit| from_fungible(credit, ()))
+	}
+
+	fn settle(
+		who: &AccountId,
+		debt: fungibles::Debt<AccountId, Self>,
+		preservation: Preservation,
+	) -> Result<fungibles::Credit<AccountId, Self>, fungibles::Debt<AccountId, Self>> {
+		F::settle(who, from_fungibles(debt), preservation)
+			.map(|credit| from_fungible(credit, ()))
+			.map_err(|dept| from_fungible(dept, ()))
+	}
+
+	redirect!(
+		fn done_rescind(amount: Self::Balance);
+		fn done_issue(amount: Self::Balance);
+		fn done_deposit(who: &AccountId, amount: Self::Balance);
+		fn done_withdraw(who: &AccountId, amount: Self::Balance);
+	);
+}
+
+impl<AccountId, F: fungible::hold::Inspect<AccountId>> fungibles::hold::Inspect<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	type Reason = F::Reason;
+
+	redirect!(
+		fn total_balance_on_hold(who: &AccountId) -> Self::Balance;
+		fn balance_on_hold(reason: &Self::Reason, who: &AccountId) -> Self::Balance;
+		fn reducible_total_balance_on_hold(who: &AccountId, force: Fortitude) -> Self::Balance;
+		fn hold_available(reason: &Self::Reason, who: &AccountId) -> bool;
+		fn ensure_can_hold(
+			reason: &Self::Reason,
+			who: &AccountId,
+			amount: Self::Balance,
+		) -> DispatchResult;
+		fn can_hold(reason: &Self::Reason, who: &AccountId, amount: Self::Balance) -> bool;
+	);
+}
+
+impl<AccountId, F: fungible::hold::Unbalanced<AccountId>> fungibles::hold::Unbalanced<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	redirect!(
+		fn set_balance_on_hold(
+			reason: &Self::Reason,
+			who: &AccountId,
+			amount: Self::Balance,
+		) -> DispatchResult;
+		fn decrease_balance_on_hold(
+			reason: &Self::Reason,
+			who: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+		) -> Result<Self::Balance, DispatchError>;
+		fn increase_balance_on_hold(
+			reason: &Self::Reason,
+			who: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+		) -> Result<Self::Balance, DispatchError>;
+	);
+}
+
+impl<AccountId, F: fungible::hold::Mutate<AccountId>> fungibles::hold::Mutate<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	redirect!(
+		fn hold(reason: &Self::Reason, who: &AccountId, amount: Self::Balance) -> DispatchResult;
+		fn release(
+			reason: &Self::Reason,
+			who: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+		) -> Result<Self::Balance, DispatchError>;
+		fn burn_held(
+			reason: &Self::Reason,
+			who: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+			force: Fortitude,
+		) -> Result<Self::Balance, DispatchError>;
+		fn burn_all_held(
+			reason: &Self::Reason,
+			who: &AccountId,
+			precision: Precision,
+			force: Fortitude,
+		) -> Result<Self::Balance, DispatchError>;
+		fn transfer_on_hold(
+			reason: &Self::Reason,
+			source: &AccountId,
+			dest: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+			mode: Restriction,
+			force: Fortitude,
+		) -> Result<Self::Balance, DispatchError>;
+		fn transfer_and_hold(
+			reason: &Self::Reason,
+			source: &AccountId,
+			dest: &AccountId,
+			amount: Self::Balance,
+			precision: Precision,
+			expendability: Preservation,
+			force: Fortitude,
+		) -> Result<Self::Balance, DispatchError>;
+		fn done_hold(reason: &Self::Reason, who: &AccountId, amount: Self::Balance);
+		fn done_release(reason: &Self::Reason, who: &AccountId, amount: Self::Balance);
+		fn done_burn_held(reason: &Self::Reason, who: &AccountId, amount: Self::Balance);
+		fn done_transfer_on_hold(
+			reason: &Self::Reason,
+			source: &AccountId,
+			dest: &AccountId,
+			amount: Self::Balance,
+		);
+		fn done_transfer_and_hold(
+			reason: &Self::Reason,
+			source: &AccountId,
+			dest: &AccountId,
+			transferred: Self::Balance,
+		);
+	);
+}
+
+impl<AccountId, F: fungible::hold::Balanced<AccountId>> fungibles::hold::Balanced<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	fn slash(
+		(): Self::AssetId,
+		reason: &Self::Reason,
+		who: &AccountId,
+		amount: Self::Balance,
+	) -> (fungibles::Credit<AccountId, Self>, Self::Balance) {
+		let (credit, balance) = F::slash(reason, who, amount);
+		(from_fungible(credit, ()), balance)
+	}
+
+	redirect!(
+		fn done_slash(reason: &Self::Reason, who: &AccountId, amount: Self::Balance);
+	);
+}
+
+impl<AccountId, F: fungible::freeze::Inspect<AccountId>> fungibles::freeze::Inspect<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	type Id = F::Id;
+
+	redirect!(
+		fn balance_frozen(id: &Self::Id, who: &AccountId) -> Self::Balance;
+		fn can_freeze(id: &Self::Id, who: &AccountId) -> bool;
+		fn balance_freezable(who: &AccountId) -> Self::Balance;
+	);
+}
+
+impl<AccountId, F: fungible::freeze::Mutate<AccountId>> fungibles::freeze::Mutate<AccountId>
+	for AsFungibles<F, AccountId>
+{
+	redirect!(
+		fn set_freeze(id: &Self::Id, who: &AccountId, amount: Self::Balance) -> DispatchResult;
+		fn extend_freeze(id: &Self::Id, who: &AccountId, amount: Self::Balance) -> DispatchResult;
+		fn thaw(id: &Self::Id, who: &AccountId) -> DispatchResult;
+		fn set_frozen(
+			id: &Self::Id,
+			who: &AccountId,
+			amount: Self::Balance,
+			fortitude: Fortitude,
+		) -> DispatchResult;
+		fn ensure_frozen(
+			id: &Self::Id,
+			who: &AccountId,
+			amount: Self::Balance,
+			fortitude: Fortitude,
+		) -> DispatchResult;
+		fn decrease_frozen(id: &Self::Id, who: &AccountId, amount: Self::Balance)
+			-> DispatchResult;
+		fn increase_frozen(id: &Self::Id, who: &AccountId, amount: Self::Balance)
+			-> DispatchResult;
+	);
+}
diff --git a/substrate/frame/support/src/traits/tokens/fungible/imbalance.rs b/substrate/frame/support/src/traits/tokens/fungible/imbalance.rs
index 0e25102197007..388a6d4635750 100644
--- a/substrate/frame/support/src/traits/tokens/fungible/imbalance.rs
+++ b/substrate/frame/support/src/traits/tokens/fungible/imbalance.rs
@@ -158,9 +158,9 @@ impl<B: Balance, OnDrop: HandleImbalanceDrop<B>, OppositeOnDrop: HandleImbalance
 /// Converts a `fungibles` `imbalance` instance to an instance of a `fungible` imbalance type.
 ///
 /// This function facilitates imbalance conversions within the implementations of
-/// [`frame_support::traits::fungibles::UnionOf`], [`frame_support::traits::fungible::UnionOf`], and
-/// [`frame_support::traits::fungible::ItemOf`] adapters. It is intended only for internal use
-/// within the current crate.
+/// [`frame_support::traits::fungibles::UnionOf`], [`frame_support::traits::fungible::UnionOf`],
+/// [`frame_support::traits::fungible::AsFungibles`] and [`frame_support::traits::fungible::ItemOf`]
+/// adapters. It is intended only for internal use within the current crate.
 pub(crate) fn from_fungibles<
 	A: AssetId,
 	B: Balance,
diff --git a/substrate/frame/support/src/traits/tokens/fungible/mod.rs b/substrate/frame/support/src/traits/tokens/fungible/mod.rs
index ba4a2e5e21a2c..fc688e7631520 100644
--- a/substrate/frame/support/src/traits/tokens/fungible/mod.rs
+++ b/substrate/frame/support/src/traits/tokens/fungible/mod.rs
@@ -38,6 +38,7 @@
 //!   funds must be removed from an account before it is known precisely what should be done with
 //!   them.
 
+mod as_fungibles;
 pub mod conformance_tests;
 pub mod freeze;
 pub mod hold;
@@ -55,6 +56,7 @@ use super::{
 	Fortitude::{Force, Polite},
 	Precision::BestEffort,
 };
+pub use as_fungibles::AsFungibles;
 pub use freeze::{Inspect as InspectFreeze, Mutate as MutateFreeze};
 pub use hold::{
 	Balanced as BalancedHold, Inspect as InspectHold, Mutate as MutateHold,
diff --git a/substrate/frame/support/src/traits/tokens/fungibles/imbalance.rs b/substrate/frame/support/src/traits/tokens/fungibles/imbalance.rs
index 54c1e900b6e36..32cd7d64774d8 100644
--- a/substrate/frame/support/src/traits/tokens/fungibles/imbalance.rs
+++ b/substrate/frame/support/src/traits/tokens/fungibles/imbalance.rs
@@ -178,9 +178,9 @@ impl<
 /// a specified `asset`.
 ///
 /// This function facilitates imbalance conversions within the implementations of
-/// [`frame_support::traits::fungibles::UnionOf`], [`frame_support::traits::fungible::UnionOf`], and
-/// [`frame_support::traits::fungible::ItemOf`] adapters. It is intended only for internal use
-/// within the current crate.
+/// [`frame_support::traits::fungibles::UnionOf`], [`frame_support::traits::fungible::UnionOf`],
+/// [`frame_support::traits::fungible::AsFungibles`] and [`frame_support::traits::fungible::ItemOf`]
+/// adapters. It is intended only for internal use within the current crate.
 pub(crate) fn from_fungible<
 	A: AssetId,
 	B: Balance,