Search results for "$USDC"
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14:38

Circle Chief Economist Proposes Raising USDC Rates on Aave Amid KelpDAO Fallout

Gate News message, April 23 — Gordon Liao, Circle's chief economist, has proposed raising USDC lending parameters on Aave v3 Ethereum Core this week following a $292 million KelpDAO rsETH exploit that triggered a liquidity crisis across the protocol. Liao's Request for Comment suggests increasing "S
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AAVE0,3%
ETH-0,37%
BTC-0,43%
07:12

Aave Ethereum Frozen Amid USDC Liquidity Crisis; Circle Proposes Emergency Rate Hike to 48%

Gate News message, April 23 — Aave's Ethereum platform has been frozen for nearly four days as USDC utilization reached 99%, locking approximately $1.86 billion in user funds. Circle's chief economist, Gordon Liao, has proposed an emergency governance intervention to address the crisis, marking a ra
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AAVE0,3%
ETH-0,37%
ARB2,32%
00:31

Pornhub Switches Creator Payouts from USDT to USDC for Greater Reliability

Pornhub swapped creator payouts from USDT to USDC, citing reliability and MiCA compliance; older USDT-PayPal ties and TronLink-based partnerships have been removed. Abstract: Pornhub replaced USDT payouts with USDC for creators, arguing USDC is more reliable and MiCA-compliant. The move ends PayPal-USDT ties and TronLink-based payment infrastructure, and those partnerships were removed from the creator payment page.
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14:08

USDC Treasury Mints 200M USDC on Ethereum, Worth ~$199.9M

Summary: USDC Treasury minted 200M USDC on Ethereum at 22:00 UTC; worth about $199.9M, per Whale Alert. Abstract: A Gate News update reports that the USDC Treasury minted 200 million USDC on the Ethereum network at 22:00 UTC, with Whale Alert corroborating the mint. The new supply is valued at roughly $199.9 million, illustrating a substantial increase in USDC issuance.
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ETH-0,37%
07:41

RedotPay Integrates Sui and USDC-Sui, Expanding Payments to 100+ Countries

RedotPay now supports SUI and USDC-Sui on the Sui network, enabling faster global payments for 130M merchants and 7M customers, with scalable cross-border transactions bridging crypto and commerce. Abstract: RedotPay has added support for SUI and USDC-Sui on the Sui network, enabling seamless payment processing and global payouts across its ecosystem. Serving more than 130 million merchants in over 100 countries and about 7 million customers, the platform aims to offer faster, more scalable cross-border payments and broader blockchain-enabled financial access. By integrating SUI and USDC-Sui, RedotPay seeks to simplify sending and receiving payments worldwide while ensuring secure, efficient transactions that bridge digital assets with real-world commerce.
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