EconomyCircle can delay European USDC redemptions if reserves cannot cross borders
Circle’s current policy allows it to adjust or defer European Economic Area USDC redemptions if reserves cannot be rebalanced between its French and U.S. issuers. Holders retain a claim to dollar redemption at par, but payment timing can depend on legal, compliance, liquidity and operational conditions. Public documents do not show that such a restriction was active as of Oct. 4.
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CryptoSlate★★☆☆☆2026-10-05 12:10Original
Circle can delay European USDC redemptions if reserves cannot cross borders
Economy