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Mint and burn are supply controls for your custom stablecoin. Minting issues new supply while burning removes existing supply from circulation. Every mint and burn is paired with reserve movement so the asset remains backed 1:1 by USDC.

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When mint is used

  • Issuing new supply for a launch
  • Adding supply for partner distribution
  • Replenishing Coinbase-managed operating liquidity

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When burn is used

  • Removing excess supply from circulation
  • Retiring excess Coinbase-managed operating liquidity
  • Completing redemption flows back to USDC

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How it works

Coinbase manages mint and burn as part of the Custom Stablecoin operating model. Mint and burn are separate from day-to-day conversions: conversions allow the exchange of USDC for your custom stablecoin, while mint and burn change total supply.