Native Markets shifts USDH redemptions to Bridge after website portal shutdown

Bridge will continue offering 1:1 USDH redemption and exchange services in the coming months, while users must complete separate account registration and onboarding on its platform.

Summary

Native Markets, the issuer of USDH, said the redemption portal on the USDH website has been discontinued and the service will move to Bridge’s official channel. Over the coming months, Bridge will continue to provide 1:1 redemption and exchange for USDH, but users will need to complete a separate account registration and onboarding process on the Bridge platform. The change centralizes access to redemptions through Bridge rather than the issuer’s own website.

Terms & Concepts
  • USDH: A digital token issued by Native Markets.
  • 1:1 redemption: Exchanging a token at face value.