> For the complete documentation index, see [llms.txt](https://docs.stablelabs.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.stablelabs.co/getting-started-with-genify/how-it-works/tokenization/minting-and-reedeming/utilizing-stablecoins.md).

# Utilizing STABLEcoins

As soon as the user initiates a tokenization request, the system performs the following steps:&#x20;

1. The STABLEcoins are sent to the treasury.&#x20;
2. Genify's bank balance is updated, and the necessary amount is transferred to our asset custodial/investment firm with instructions on which asset to buy and an order to exchange.&#x20;
3. Once asset acquisition is confirmed, an RWA token authorization request is sent to the RWA treasury, and the token is emitted to the client.

**Redemption works in a reverse manner:**

1. When RWA redemption is initiated, the token is sent to the RWA treasury, and the asset management/ investment firm places a sell order on the exchange for the exact amount of assets to be redeemed.&#x20;
2. Upon confirming the asset sale, proceeds are internally transferred to the STABLEcoin backing bank account.
3. A STABLEcoin authorization request is sent to the STABLEcoin treasury, and the STABLEcoins are emitted to the user.

<figure><img src="https://997714496-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fq7RK9QKXPzxXY6UTQsqu%2Fuploads%2FWiQxQAmcnsfnkGvOip8A%2FWireframe%20-%203%20(2).png?alt=media&amp;token=7bc04ade-66f7-4d98-826b-a8333857e867" alt=""><figcaption><p>RWA minting/redemption with STABLEcoins</p></figcaption></figure>
