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Morning Edition · Sunday, October 25, 2026Published at 1:49 AM EDT · New York
Circle lets institutions collect rebates by matching other holders' USDC redemptions
Matched redeemers pay auction fees capped at the 0.05% Express rate, under a Circle Mint fee schedule that took effect Oct. 19 and dropped a separate overage fee on net redemptions.
Circle has introduced auctions that let eligible institutions earn rebates funded by redeemers they are matched with. The fees those redeemers pay are capped at Circle's Express rate. A holder who wants dollars quickly can have its USDC rou…
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