Circle’s new USDC auctions let institutions collect the fees others pay to cash out

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 24 Oct, 20:00 UTC

Eligible institutions can collect rebates funded by matched redeemers, whose auction fees are capped at the Express rate. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox