Circle Raises USDC Redemption Fees Again Even as Market Share Declines

Circle Raises USDC Redemption Fees Again Even as Market Share Declines

Stablecoin issuer Circle has raised USDC redemption fees for a second time this year, according to a Bloomberg report. USDC holders seeking near-instant redemption of the stablecoin will have to pay additional fees for daily redemptions that exceed $2 million, according to the report. The fee structure update comes after ... The post Circle Raises USDC Redemption Fees Again Even as Market Share Declines appeared first on Unchained.

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