DeFi· ★★★· bullish·

Circle drops USDC and EURC redemption surcharges from Oct. 19

  • —Overage surcharge is eliminated across all tiers
  • —Standard redemptions carry no Circle fee, processing up to two business days
  • —Express charges 0.05% of gross redemptions before credits
  • —Credits run from 25% on positive net minting to 100% at $100 million
Why it matters: Lower redemption costs for institutional clients could support USDC and EURC usage in payments and conversions.
#USDC#EURC
Source: CryptoSlate
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