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🌟 **Exciting News from Coinbase: Changes to USDC to USD Conversions for Big Players** 🌟

💸 Coinbase, the popular crypto exchange, is mixing things up with its fee policy for **big USDC to USD conversions**. This update is specifically targeted at **institutional clients** who are involved in significant transaction activities.

📢 In a recent announcement on their website, Coinbase shared that institutional customers conducting **net conversions over $75 million** in a 30-day period will now encounter different fees based on their conversion amounts.

💰 Under the new fee structure, there will be a **0.1% charge** for conversions between $75 million and $150 million, a **0.15% fee** for transactions from $150 million to $500 million, and a **0.2% charge** for conversions exceeding $500 million.

🏦 Good news for Coinbase Prime users – those with assets over $500 million or maintaining an average of $100 million in USD/USDC monthly are exempt from these USDC Conversion Fees.

🌐 Moreover, participants in the Coinbase Exchange Liquidity Program who have achieved Tier 1 or Tier 2 status will also benefit from a fee waiver if they meet their monthly eligibility criteria. 💫

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