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

# Redeem

When USR is redeemed, a user receives a 1:1 (USDC, USDT) equivalent to the notional amount of the USR burned less redemption fees.

At current stage of protocol implementation:

* USR can be redeemed into USDC or USDT;
* Redemption fees are waived;
* USR redemption is processed within 24 hours.