Circle is raising fees for USDC exchanges again! 💸
- Starting from September, the company will charge fees for daily exchanges over $2 million.
- New fees start at 0.03% and go up to 0.1% for large transactions.
- USDC can be exchanged without a fee if you wait up to two days.
Competition in the stablecoin market is growing, and Circle is preparing for an IPO and moving to Wall Street by 2025. However, the market share of USDC is declining against the backdrop of regulatory measures in the USA.