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Stablecoin issuer Circle has raised its fees for redeeming its USD Coin (USDC) for the second time in less than a year. According to an Oct. 29 Bloomberg report, since September, the company has been collecting fees on daily redemptions of at least $2 million. In February, Circle introduced swap charges for redemptions above $15 million through its Circle Mint platform. The new fees begin at 0.03% per transaction and escalate to as much as 0.1% for withdrawals above $15 million, primarily affecting institutional investors and high-volume traders. According to unnamed sources, the revision seek…

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