Circle Internet Financial
Circle Internet Financial Logo

Oct 01, 2024

February 6, 2024

USDC Redemption Process Updated to Expand Liquidity Worldwide

what you’ll learn

Circle Mint Customers will now have the choice between Standard and Basic redemption options for managing their USDC needs.

USDC Redemption Process Updated to Expand Liquidity Worldwide

Circle is proud to offer robust redemption capabilities and has introduced new Circle Mint redemption options to help us provide even more USDC liquidity across the globe. Circle Mint Customers now have the choice between Standard and Basic redemption for managing their USDC needs, however, all customers will automatically be enrolled in our Standard redemption offering. Customers who choose to switch to Basic may visit our Help Center to get started.

Standard redemptions are free for Circle Mint customers redeeming up to $15M USD a day, and every submitted redemption request will process in real time on Circle’s systems. Settlement time may vary based on the transaction method and banking rails involved. Redemption amounts above $15 million will incur a 0.1% fee. 

Upon request, Basic redemption is available to all Circle Mint customers as well, offering a fee-free redemption option, regardless of transaction volume, however, processing can take up to two business days. With this option, settlement times may also vary based upon the transaction method and banking rails involved. 

As always, USDC remains redeemable 1:1 for U.S. dollars.

Related posts

Build Trusted, Interoperable Payment Systems with USDC and CCTP V2 on Codex

Build Trusted, Interoperable Payment Systems with USDC and CCTP V2 on Codex

June 24, 2025
Now available: USDC and CCTP V2 on Codex

Now available: USDC and CCTP V2 on Codex

June 24, 2025
The Versatility of Circle Payments Network from P2P to Payroll

The Versatility of Circle Payments Network from P2P to Payroll

June 18, 2025
Blog
USDC Redemption Process Updated to Expand Liquidity Worldwide
usdc-redemption-process-updated-to-expand-liquidity-worldwide
February 6, 2024
Circle Mint Customers will now have the choice between Standard and Basic redemption options for managing their USDC needs.
USDC
Company Updates