What are the fees with USDC?

The USDC to USD Conversion Fee Table outlines the standard fees applicable for various transaction volumes. This fee structure is designed to cater to clients with varying needs and transaction sizes, ensuring fair and transparent pricing.

For clients under the Liquidity Provider (LP) Tier 2 category, the first $40 million worth of conversions are offered without any fees, demonstrating a commitment to rewarding significant contributors to the market's liquidity.

As transaction volumes increase beyond $40 million, a graduated fee structure is implemented. Between $40 million and $60 million, clients are charged a fee of 0.05%, while maintaining a 0% fee for LP Tier 2 benefits.

For conversions exceeding $60 million up to $150 million, the fee increases to 0.10%, still offering a reduced rate of 0.05% for LP Tier 2 clients. This structure encourages larger transactions while acknowledging the value of liquidity providers.

For even larger transactions, ranging from $150 million to $500 million, the fee escalates to 0.20%. However, LP Tier 2 clients continue to enjoy a discounted rate of 0.10%, highlighting the advantages of being a recognized liquidity provider.