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Stablecoins represent digital claims on fiat currency. Redemption speed therefore depends on the stablecoin issuer and the depositor’s conversion channel:
  • On-chain redemption: Depositors can withdraw stablecoins (e.g. USDC, EURC) instantly from the protocol.
  • Off-chain conversion: Converting stablecoins into bank deposits generally takes a few hours to one business day, depending on the exchange, OTC desk, or custodian used.
Byzantine Prime itself does not handle fiat conversion; however, its design ensures stablecoin liquidity is always available, so depositors can redeem their exposure immediately and then convert off-chain through their preferred counterparties.