Redemption and burn mechanics

This lesson is for enrolled learners

The concept Redemption is the mirror image of issuance, and it's where a stablecoin's promise is actually tested — anyone can claim a token is "backed 1:1"; redemption is the mechanism that proves it, under real conditions, with real timing. Fiat-backed redemption works as a burn-then-wire pattern. A whitelisted holder submits a redemption request, transferring tokens back to the issuer……

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