Acquire and Redeem USDv
USDv is available through open onchain liquidity and permissioned institutional flows.
USDvSwap Onchain
Most users acquire or sell USDv through supported liquidity venues. You can swap between USDv and supported assets such as USDC or USDG without using the direct mint or redeem system.
Market prices can vary by venue. Review price impact, fees, network costs, and available liquidity before submitting a transaction.
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Direct Mint
Approved counterparties can mint USDv by transferring accepted reserve assets and receiving newly issued USDv.
Direct minting is intended for eligible market makers, institutions, and partners. It requires onboarding, KYC or KYB, compliance review, and operational approval. Limits, supported assets, processing windows, and jurisdictional restrictions can apply.
Direct Redeem
Approved counterparties can redeem USDv by burning USDv and receiving an approved payout asset.
Direct redemption is subject to onboarding, available liquidity, operational controls, program terms, and processing windows. Holding USDv does not by itself create access to direct redemption.