> For the complete documentation index, see [llms.txt](https://docs.re.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.re.xyz/minting-and-redemptions/minting.md).

# Minting

## Eligibility & Prerequisites

In order to mint reUSD/reUSDe, you must fulfill the following requirements:

* Jurisdictional eligibility: reUSD and reUSDe are available to users in most countries worldwide. You can confirm that your jurisdiction is supported [here](https://app.re.xyz/).
* KYC/AML completion: See below.
* A compatible wallet extension or app that supports EVM networks (e.g., MetaMask or Walletconnect).
* Assets for minting purposes:
  * **reUSD**: USDC, DAI, sUSDe, USDe
  * **reUSDe**: USDe, sUSDe
* A compatible wallet extension or app

## KYC/KYB (Mandatory)

<details>

<summary>Why does Re require mandatory KYC/KYB?</summary>

A portion of protocol capital is deployed into reinsurance programs operated by Re’s reinsurance partner, **CoverRe SPC Ltd.**, licensed in the Cayman Islands and regulated by the Cayman Islands Monetary Authority (CIMA). As a standard regulatory requirement, Cover Re SPC Ltd. must verify that:

* Capital providers are not sanctioned individuals or entities
* Funds are not connected to money laundering or other prohibited activity

</details>

<details>

<summary>Who needs it, and what's supported?</summary>

Completion is required for every participant, both individuals and legal entities (i.e. companies, foundations, DAOs with legal wrappers) in order to mint or redeem tokens.

**Individuals**: Standard KYC identity verification (government-issued ID + liveness check)

**Entities**: Entity-level KYB verification, including beneficial ownership documentation. To start KYB, email <hello@re.xyz> with your entity name and jurisdiction; a member of the team will respond within 48 hours with the document checklist and intake form.

If your country is unsupported by the KYC provider, you will be notified during the verification process.

</details>

<details>

<summary>Who runs KYC, and what data is collected?</summary>

Re partners with a third-party KYC/AML provider to conduct verification. During the process, you will be asked to provide:

* Full legal name and date of birth (individuals)
* Government-issued photo ID (passport, national ID, or driver's license)
* Proof of address (for some jurisdictions)
* Tax ID
* Liveness / selfie check

Note that Re itself does not store raw identity documents directly; these are handled and retained solely by the KYC provider.

</details>

<details>

<summary>Data handling &#x26; privacy</summary>

Your personal data is processed by Re's third-party KYC provider and is used solely for the purpose of identity verification and sanctions screening. Data is handled in accordance with applicable data protection laws. Re does not share your personal data with third parties beyond what is required for regulatory compliance. For full details, refer to Re's [Privacy Policy](https://re.xyz/privacy).

</details>

<details>

<summary>What happens if KYC fails?</summary>

If you believe that KYC failed in error, please open a ticket on our [Discord server](https://discord.gg/reprotocol).

</details>

## Minting

### KYC (step-by-step flow)

{% stepper %}
{% step %}

## Go to the app.

Visit [app.re.xyz/reusd](https://app.re.xyz/reusd) (for reUSD) or [app.re.xyz/reusde](https://app.re.xyz/reusde) (for reUSDe).
{% endstep %}

{% step %}

## Connect your wallet.

Connect a compatible wallet (such as Metamask). Provide an email address and agree to the Platform Agreement when prompted.
{% endstep %}

{% step %}

## Select your deposit asset and amount.

Choose the approved token you wish to deposit and enter the amount. The interface will display the protocol tokens you will receive in return.
{% endstep %}

{% step %}

## Review and accept the fee schedule and Token Purchase Agreement (TPA).

Before proceeding, you will be shown the applicable fee schedule and the Token Purchase Agreement. Read both carefully and confirm your acceptance. This step confirms your understanding of the minting process, fees, and escrow conditions.
{% endstep %}

{% step %}

## Deposit your funds.

Your assets are transferred to an onchain escrow contract, wherein they are held securely while KYC is completed.
{% endstep %}

{% step %}

## Complete KYC.

Follow the on-screen prompts to submit your identity documentation via Re's KYC provider. This typically takes a few minutes.
{% endstep %}

{% step %}

## KYC outcome:

* **Pass**: Your reUSD or reUSDe tokens are minted and sent directly to your wallet. Idle assets are automatically swept to a Fireblocks vault and begin earning yield.
* **Fail / additional info needed**: You will be prompted to submit further documentation. Alternatively, you may request the release of your funds by contacting support via <hello@re.xyz>
  {% endstep %}
  {% endstepper %}

### KYB

{% stepper %}
{% step %}

## Contact us at <legal@re.xyz>

Please include all relevant details about your business. We typically respond within two business days.
{% endstep %}
{% endstepper %}

## Fees, Timing & Settlement

| **Item**                    | **reUSD**                             | **reUSDe**                            |
| --------------------------- | ------------------------------------- | ------------------------------------- |
| **Deposit assets accepted** | USDC, DAI, USDe, sUSDe                | USDe, sUSDe                           |
| **Minting fee**             | Refer to fee schedule at time of mint | Refer to fee schedule at time of mint |
| **KYC timing**              | Typically minutes (individuals)       | Same                                  |
| **Token delivery**          | Upon KYC approval                     | Upon KYC approval                     |
| **Yield start**             | Immediately upon minting;             | Immediately upon minting;             |
| **NAV update**              | Daily at UTC 00:00                    | Daily at UTC 00:00;                   |

**Note**: Fee schedules are presented during the mint flow before you commit. Always review the current schedule before proceeding.

## Common Issues / Troubleshooting

| **Issue**                                      | **Likely cause**                                                 | **Resolution**                                                                        |
| ---------------------------------------------- | ---------------------------------------------------------------- | ------------------------------------------------------------------------------------- |
| KYC verification stuck or pending              | Provider requires additional review                              | Wait 2-3 business days; contact <hello@re.xyz> if unresolved                          |
| KYC failed                                     | Unsupported jurisdiction, document mismatch, or sanctions screen | Review the failure notice for specifics; request a refund from escrow if unresolvable |
| Wallet not connecting                          | Browser extension issue or unsupported wallet                    | Try refreshing, clearing cache, or switching to MetaMask                              |
| Transaction reverted on deposit                | Insufficient token allowance or network congestion               | Approve the correct token spend limit and retry                                       |
| Tokens not appearing in wallet                 | Token contract not added to wallet                               | Manually add the reUSD or reUSDe contract address to your wallet                      |
| Email / platform agreement popup not appearing | Pop-up blocked by browser                                        | Disable pop-up blockers for re.xyz and reload                                         |

For any unresolved issues, contact <hello@re.xyz>. The team typically responds within 48 hours.

***

<sub>*For educational and informational purposes only. Nothing on this Site is investment, financial, legal, or tax advice, or an offer, solicitation, or recommendation to buy, sell, or hold any digital asset, including reUSD and reUSDe. Yields are not guaranteed and all figures are illustrative, not a promise of return; past performance is not a reliable indicator of future results. Digital assets involve significant risk, including total loss of principal — the Tokens are not bank deposits and are not insured by any government agency. The Tokens are available only to eligible non-U.S. persons in permitted jurisdictions and are subject to KYC/AML requirements. The binding terms of the applicable agreements govern and prevail over this summary. See our full*</sub> [<sub>*Disclosures*</sub>](https://re.xyz/disclosure) <sub>*for important additional information.*</sub>