Redeeming USCC
Before initiating a redemption, go to Settings and configure your Payout Destination. Proceeds from a redemption may be delivered as USDC on Ethereum, USDC on Solana, or U.S. Dollars. There is no minimum redemption amount, and you can redeem the full amount of their portfolio at any time.
Redemption Instructions
View instructions by navigating to the Portfolio page and clicking the Redeem button next to USCC.
Toggle the Redeem dropdown to view instructions for redeeming USCC tokens, or USCC shares held in book-entry.
To redeem USCC tokens, transfer them to 0x14d60E7FDC0D71d8611742720E4C50E7a974020c, or call the burn() function on the USCC token contract. Either method will initiate a redemption.
To redeem USCC shares held in book-entry, click the Redeem button on the portfolio page, select your book-entry shares, and enter the amount you wish to redeem.
If your redemption request is received before 4:59 pm ET on a market day, you will receive payment using that market day’s closing NAV/S on a T+1 basis.
If your redemption request is received after 4:59 pm ET on a market day, you will receive payment using the next market day’s closing NAV/S (T+1) on a T+2 basis.
Payout will be delivered according to your Payout Destination settings for your Investing Entity. You may elect to receive U.S. Dollars at a bank account, USDC to an Ethereum address, or USDC to a Solana address.
You will receive a confirmation email when a redemption has been initiated, and you can track its status in the Transactions table on the Portfolio page.
Gas fees to burn or transfer USCC are the responsibility of the investor.
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