> ## Documentation Index
> Fetch the complete documentation index at: https://docs.iron.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# MoonPay Stablecoin FAQ

> Common questions about issuance, reserves, rewards, and conversions.

<AccordionGroup>
  <Accordion title="What is the mint and burn window in the US?">
    The window for USD rails is Monday to Friday, 9:00 PM ET (previous day) to 5:00 PM ET. The Monday window opens at 9:00 PM ET on Sunday. Requests received after 5:00 PM ET are queued for the next window. USDC and USDT mint and redeem are not subject to this window.
  </Accordion>

  <Accordion title="What assets back the stablecoin?">
    Reserves are held exclusively in GENIUS-compliant assets: demand deposit accounts, US Treasuries (90 days or less to maturity), Treasury-collateralized reverse repos, and US Government Money Market Funds.
  </Accordion>

  <Accordion title="How are reserves custodied?">
    Reserves are held in segregated accounts, designed to protect holders in line with GENIUS regulations.
  </Accordion>

  <Accordion title="How are rewards calculated and distributed?">
    Rewards are set on-chain using M0 technology, applied per block to outstanding supply, and compounded continuously. They are distributed as newly minted tokens to a partner-designated address, on a configurable cadence.
  </Accordion>

  <Accordion title="Are there minimum mint or redeem volumes or transaction limits?">
    No. There are no minimum mint or redeem volumes and no issuing or transaction volume caps.
  </Accordion>

  <Accordion title="Which entity performs fiat and stablecoin conversions?">
    MoonPay USA LLC, through the Iron interface, converts between the issued stablecoin and USD, USDC, and USDT. Permissionless conversion to USDC and USDT is also available on-chain.
  </Accordion>

  <Accordion title="Can we support B2B2B2C rebranding?">
    Requests for a partner to rebrand the issued stablecoin for specific B2B2B2C initiatives require a discussion with MoonPay's compliance team before being structured.
  </Accordion>
</AccordionGroup>