Circle and OKX launch zero-fee USDC conversions to US dollar

OKX is rolling out zero-fee conversions between Circle’s USDC stablecoin and the US dollar as part of a new partnership with Circle.

Stablecoin issuer Circle has partnered with major cryptocurrency exchange OKX to deepen liquidity for conversions of its USDC stablecoin with the US dollar.

OKX is rolling out zero-fee USDC (USDC) conversions with USD as part of a new partnership with Circle, the companies announced in a joint statement on Wednesday.

“The most significant update is that users can now directly convert USD to USDC and back within the OKX platform, offering a seamless and transparent on and off-ramping experience,” Circle’s chief business officer Kash Razzaghi told Cointelegraph.

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