Redeem (burn) - Anchorage Digital

Redeeming burns a stablecoin and credits USD. For shared concepts and the common request fields, see Convert stablecoins. This page covers the redeem-specific payload and behavior. POST /v2/stablecoins/conversion requires the Convert Stablecoins permission. See Set up.

Request

Set sourceAssetType to the stablecoin you’re redeeming and destinationAssetType to USD.

Example payload

{
  "destinationAssetType": "USD_R",
  "destinationWalletId": "940afa950652ed4fdffceb73b2745d02",
  "idempotencyKey": "z763a50d-aa82-4ec7-b5a3-89ad0462d248",
  "sourceAssetType": "USDX_HOODI",
  "sourceWalletId": "82936bb546cf1fc83955b6d9ca76ff16",
  "amount": "10"
}

Field	Description
`amount`	Stablecoin amount as a string.
`sourceAssetType`	Stablecoin being redeemed.
`sourceWalletId`	ID of the source stablecoin wallet.
`destinationWalletId`	ID of the USD wallet being credited.
`idempotencyKey`	Unique string ≤128 characters. Use a distinct key per conversion.

Response

A successful request returns authorizationOperationId. The conversion enters INITIATED status pending endorsement approval.

Monitor status

Query conversion history, or GET /v2/transactions with types=BURN.

Mint Bridge across chains

⌘I

​Request

​Response

​Monitor status

Request

Response

Monitor status