# Mint / Redeem Direct minting and redemption of AZND is available to approved counterparties that have cleared Mu Digital's KYC procedures. Interested parties can reach out to us [here](https://037p3p59sth.typeform.com/to/eIuXBgF5) AZND is also available for permissionless swaps onchain through our decentralized exchange (“DEX”) partners ### Minting * Users can mint AZND using preferred stablecoins (such as USDC, USDT, or AUSD) on a 1-1 basis * Minting can be processed almost instantaneously and sent to the user's wallet upon transfer of the relevant stablecoins * There is no fee for minting ### Redemption * Redemption requests by default enter a redemption queue * Our licensed Singapore based fund partner relies on a weekly liquidity schedule, with redemptions processed by Tuesday for settlement the following week. In practice, expect \~7 calendar days between redemption and receipt of funds * Amounts below a certain threshold may be processed immediately subject to availability in our onchain liquidity buffer. We intend to scale this threshold over time alongside our TVL * There is no fee for redemption --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mudigital.net/protocol-overview/asia-dollar-aznd/mint-redeem.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.