Match circuit auctions use USDC redemption fees to fund refunds for matched institutional depositors (Match). Under the non-EEA currency agreement, dollar payments remain subject to US banking hours, despite the USDC atomic arrangement.

Match circuit auctions use USDC redemption fees to fund refunds for matched institutional depositors (Match). Under the non-EEA currency agreement, dollar payments remain subject to US banking hours, despite the USDC atomic arrangement.