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

Description

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

Authors

Helen Partz

Publish date

July 9, 2025

Publisher

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Web URL

https://cointelegraph.com/news/circle-okx-zero-fee-usdc-conversion-us-dollar

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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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OKX’s primary on-ramp solutions currently center around key partners like Standard Chartered Bank, DBS, Bank Frick and global payment solutions like Apple Pay and PayPal,” Lau said.

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Circle’s Razzaghi mentioned that the new conversion capabilities will be available across multiple OKX products and services, involving trading, sending and holding USDC.

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