Such an operation represents the exchange of cryptocurrency for a fiat bank transfer. The user sends USDC through the ERC20 network from their wallet to the specified address of the service. After network confirmation, the operation begins, during which the service conducts the exchange and sends the funds to the Company details with a payout in EUR. Before executing the exchange, the user specifies the amount they plan to transfer, as well as the Company details for receiving EUR. In some services, a transit deposit is created through which the transaction passes. After the ERC20 network confirmation, the system fixes the rate and performs the exchange of USDC. The final amount depends on the chosen rate, commission, and any percentage set by the service. It is important to consider that different exchanges may set their own limits on the size of the operation. Additionally, some platforms require registration to create an account and verify the user before executing the exchange of USDC via ERC20. This is a standard procedure aimed at ensuring security and compliance with international financial requirements. Many companies in Europe use this format to quickly convert USDC cryptocurrency into euros for further settlement through a bank. This allows for the effective use of digital assets and, if necessary, quickly convert them into fiat format.