BitPay reduced the USDC-to-USD conversion fee on PRO tier from 0.7% to 0.5%. The reduction reflects the lower operational cost of converting USDC vs volatile cryptocurrencies - no spread margin, near-zero mid-flight volatility, and faster settlement.
For operators running $50,000 in monthly card spend funded by USDC, the fee reduction saves $100/month compared to the previous 0.7% rate. Over a year, that is $1,200 in saved fees - more than 2x the PRO subscription cost ($50/month). The math has shifted decisively toward USDC funding for high-volume PRO accounts.
USDT conversion remains at 0.7% on PRO. The asymmetry reflects our operational view: USDT has slightly wider exchange-rate spreads across liquidity providers than USDC, and slightly more settlement variance. Both stablecoins remain attractive funding options, with USDC now the lowest-fee rail in the supported list.
FREE tier conversion fees are unchanged at 2.5% for all chains. The reduction is a PRO-only benefit. CUSTOM tier accounts negotiate volume-based fees on top of the PRO schedule.
