> ## Documentation Index
> Fetch the complete documentation index at: https://docs.anchorage.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Overview

> Mint, redeem, and bridge stablecoins through a single Anchorage Digital conversion endpoint.

Stablecoin conversions let you move value between USD and stablecoins, and move a stablecoin across chains, all through the same security model that governs the rest of your assets. Every conversion runs through one endpoint—the asset pair you choose sets the direction.

<Note>
  **Testing:** Examples use the staging host `https://api.anchorage-staging.com` and `"USD_R"` for USD-side legs. In production, use `https://api.anchorage.com` and `"USD"`.
</Note>

## Start here

* **Mint** — Convert USD into a stablecoin. See [Mint](/knowledge-base/platform/developers/stablecoins/convert/mint).
* **Redeem (burn)** — Convert a stablecoin back to USD. See [Redeem](/knowledge-base/platform/developers/stablecoins/convert/redeem).
* **Bridge** — Move a stablecoin between chains. See [Bridge across chains](/knowledge-base/platform/developers/stablecoins/convert/bridge).

## The mental model

All three operations call the same endpoint, `POST /v2/stablecoins/conversion`. The `sourceAssetType` and `destinationAssetType` you pass set what happens:

* **Mint** converts USD into a stablecoin (`sourceAssetType: USD`, `destinationAssetType: <stablecoin>`).
* **Redeem (burn)** converts a stablecoin back to USD (`sourceAssetType: <stablecoin>`, `destinationAssetType: USD`).
* **Bridge** moves a stablecoin between chains—`sourceAssetType` and `destinationAssetType` are the same stablecoin on different chains (for example, `USDX_BSC_T` → `USDX_HOODI`). Internally, a bridge runs a burn on the source chain and a mint on the destination chain through a shared reserve.

| Operation     | Direction                                   | Transaction types                           |
| :------------ | :------------------------------------------ | :------------------------------------------ |
| Mint          | USD → stablecoin                            | USD leg: `TRANSFER`; stablecoin leg: `MINT` |
| Redeem (burn) | stablecoin → USD                            | USD leg: `BURN`; stablecoin leg: `DEPOSIT`  |
| Bridge        | stablecoin (chain A) → stablecoin (chain B) | `BURN` and `MINT` (one of each)             |

For the full comparison and the request fields they share, see [Convert stablecoins](/knowledge-base/platform/developers/stablecoins/convert).

## Action availability

| Action                                                                                           | API            | Web platform   |
| :----------------------------------------------------------------------------------------------- | :------------- | :------------- |
| [Mint](/knowledge-base/platform/developers/stablecoins/convert/mint)                             | Live           | Live           |
| [Redeem (burn)](/knowledge-base/platform/developers/stablecoins/convert/redeem)                  | Live           | Live           |
| [Bridge](/knowledge-base/platform/developers/stablecoins/convert/bridge)                         | Live           | Live           |
| [Query conversion history](/knowledge-base/platform/developers/stablecoins/operate/track-status) | Live           | Live           |
| Stablecoin swaps (`operationType: SWAP`)                                                         | In development | In development |

<Warning>
  `/v2/stablecoins/history` may return records with `operationType: SWAP` once stablecoin swaps go live. Treat unknown `operationType` and `status` values as a forward-compatibility fallback, not an error.
</Warning>

## Before you convert: prerequisites

Identify the wallets and asset types involved, then confirm the API key has the right permission and authentication. See [Set up](/knowledge-base/platform/developers/stablecoins/setup).

<Info>
  Stablecoin conversion and history endpoints require only the `Api-Access-Key` header—no `Api-Signature` or `Api-Timestamp`.
</Info>

## Related

* [Convert stablecoins](/knowledge-base/platform/developers/stablecoins/convert) — How mint, redeem, and bridge differ, and the request fields they share.
* [Track conversion status](/knowledge-base/platform/developers/stablecoins/operate/track-status) — Query conversion history and the transactions endpoint.
* [Client stablecoins guide](/knowledge-base/platform/users/stablecoins) — The web dashboard and iOS stablecoin experience.