Stable-Documentation
  • Introduction to Stable Labs
    • What Problems Does Stable Labs Solve
    • Common use cases
  • Legislation, Trust & Security
  • Getting Started With Genify
    • How it Works
      • Tokenization
        • Minting and Reedeming
          • Utilizing STABLEcoins
          • Utilizing Third-Party Fiat-Backed Stablecoins
        • Asset Pegging Mechanism
        • Backing
      • Stablecoins
        • What Are STABLEcoins
          • Stablecoin Minting & Redeeming
          • STABLEcoin Backing
          • Regulation
    • Fee Structure
  • Join our Community
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  1. Getting Started With Genify

How it Works

To mint or redeem RWA tokens, clients need to first pass KYC/KYB and AML checks. Once passed, they are free to use all Genify services, such as Depositing and withdrawing fiat currencies supported by Genify, minting/redeeming of supported stablecoins, and tokenizing liquid financial assets.

Once RWA is minted, it can be freely distributed and used within DeFi to maximize usability and strategies that can be done with your portfolio.

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Last updated 6 months ago