wait are HTLCs even involved? this isn’t lightning payments but rather just minting and redeeming ecash tokens?

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I misinterpreted your question; this is regarding mint ecash to mint ecash, yes?

If so, through all my tests between mints, even on different servers, I (as mint operator) do not see where token was redeemed.

Possibly the "path" would be shown in the CLI logs, but haven't verified myself

As mint operator (and full node operator) I only see total (in sats) the inflows and outflows of all funds

- no user identity

- no user balances

Its quite impressive to me