> For the complete documentation index, see [llms.txt](https://docs.zarpstablecoin.com/zarp-stablecoin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.zarpstablecoin.com/zarp-stablecoin/token-redemption.md).

# Token Redemption

When an approved ZARP Partner sends tokens from their authorised wallet addresses to the Redemption Address owned by ZARP Stablecoin, the tokens are destroyed and a corresponding amount of fiat money is sent to the Partner’s bank account. This bank account must be in the name of the Partner institution and ZARP Stablecoin does not permit payments directly to third parties.

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