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

# Redeem Bastion-issued stablecoins from the Dashboard

> Register a bank account, create redemption instructions, send stablecoins to the redemption address, and track the USD wire payout in the Dashboard.

## Overview

This guide walks you through the process of redeeming Bastion Issued Stablecoins using Bastion's Dashboard. Redemption converts stablecoins back into fiat currency (USD) that is sent to a registered bank account via wire transfer.

***

### How redemption works

The redemption process involves several steps:

1. **Register a Bank Account** - Add the bank account where redeemed funds will be sent
2. **Create Redemption Instructions** - Set up the redemption configuration with bank account and blockchain details
3. **Send Stablecoins to the Redemption Address** - Initiate redemption by transferring stablecoins
4. **Monitor the Redemption** - Track the status of your redemption request

***

### Prerequisites

* An approved **Business** identity created for the redeeming entity
  * Note that Issuance is not supported for **Individual** identities at this moment
* Bank account details for receiving USD wire transfers
* Stablecoins in a wallet on a supported chain

***

### Steps

#### 1. Register a bank account

First, register the bank account where redeemed funds will be sent.

From the dashboard, navigate to an approved Identity → **Bank** tab and select **New Bank Account**. A popup modal opens. Provide all requested bank account information and select **Create Bank Account**.

![Redeem Bastion Stablecoin screenshot 1](https://docs-cdn.bastion.com/1add5f2f8054d676971a56e1e980b1b37e7efcd4b6bcb3eebf37cbc965b6ee55.png)

#### 2. Create redemption instructions

Once a bank account is saved, navigate to **Redeem** and select **Create Redemption Instructions**.

Provide all requested information.

![Redeem Bastion Stablecoin screenshot 2](https://docs-cdn.bastion.com/22874cdfd388f6e60b0b7a399e9974b5dc63b91429c62927de30f53711be47c5.png)

#### 3. Send stablecoin to the redemption address

Once the redemption instruction has been created, a unique redemption address will be returned.

![Redeem Bastion Stablecoin screenshot 3](https://docs-cdn.bastion.com/ce7db2db95a8be2de8d40c952a7d0ab99bef5902ba4f9b02e751ce74e959b300.png)

To redeem stablecoins, send them to the redemption address provided in the redemption instructions response.

**Critical Requirements:**

* **Use the Correct Address**: Send stablecoins to the exact `address` returned in Step 2.
* **Correct Chain**: Ensure you're sending on the same blockchain network specified in the redemption instructions.
* **Correct Stablecoin**: Send the stablecoin type specified in `stablecoin_symbol`.

Once the stablecoin transfer is received and verified:

1. The stablecoins are burned
2. The equivalent USD amount is calculated
3. A wire transfer is initiated to your registered bank account

#### 4. Monitor redemption status

Navigate to **History** -> **Redemptions** to view the history and status of all redemption requests.

![Redeem Bastion Stablecoin screenshot 4](https://docs-cdn.bastion.com/bbe2f46b43ad177c353982e7cc1db8f961b9399767bfde7cd250b590254ddbf3.png)

Processing times:

* **Wire Transfer**: 1-3 business days for domestic US wires


## Related topics

- [Redeem Bastion-issued stablecoins to USD](/guides/quickstarts/redeem-bastion-issued-stablecoins.md)
- [Mint Bastion-issued stablecoins from the Dashboard](/guides/dashboard/mint-bastion-stablecoin.md)
- [Mint Bastion-issued stablecoins with the Issuance API](/guides/quickstarts/mint-bastion-issued-stablecoins.md)
- [Stablecoin issuance concepts](/guides/concepts/stablecoin-issuance.md)
- [Issuance API overview](/v2/api-reference/issuance/overview.md)