> ## Documentation Index
> Fetch the complete documentation index at: https://docs.byzantine.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# Are there delays to convert stablecoins to fiat currency?

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.