Lighter and Circle reach an agreement on USDC deposit yield sharing

USDC0,01%

PANews February 12 News, the stablecoin yield platform Lighter has partnered with USDC issuer Circle to share the earnings generated from approximately $920 million USDC deposits on the platform. Previously, Lighter had attracted about $920 million USDC deposits into the platform. This agreement will distribute the interest income from these funds between Lighter and Circle.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Trader PuzzleTricker bets on Barcelona winning the King's Cup, with a single "big win" of $2.12 million.

Odaily Planet Daily reports that, according to Lookonchain monitoring, trader PuzzleTricker (0x003...6beb) on February 12 spent 3.23 million USDC betting on FC Barcelona to win the Copa del Rey. The trader made a profit of up to 2.12 million USD after the win.

GateNewsBot4h ago

Chainalysis: Human Trafficking Crypto Funds Increase by 85%, Stablecoins Become a Tool for Southeast Asian Crime

The amount of cryptocurrency inflow suspected to be linked to human trafficking networks is projected to increase by 85% in 2025, but crypto analytics firm Chainalysis states that blockchain transparency could help disrupt these networks' operations. Chainalysis reported on Thursday that the total transaction volume flowing to suspected trafficking networks (primarily located in Southeast Asia) "reached hundreds of millions of dollars in identified services."

MarketWhisper5h ago

Trove Markets secretly refunded KOLs after the coin price plummeted, and ICO participants suffered heavy losses.

Bubblemaps disclosed on the X platform that Trove Markets refunded KOLs who participated in the pre-sale, but other investors suffered heavy losses. After the token collapse, it was found that the project team engaged in improper conduct towards investors and was suspected of improper fund flows, leading to strong community dissatisfaction and a significant drop in the token price.

GateNewsBot10h ago

Gate Research Institute: Bitcoin New Investor Fund Inflows Turn Negative | Zerohash Integrates Monad and USDC

Cryptocurrency Asset Overview BTC (-0.40% | Current Price 67,263.9 USDT) In the past week, BTC has been continuously declining from around $79,000, with a quick bottoming out near $59,980 followed by a strong rebound. It then entered a range-bound consolidation, currently around $67,914, showing an overall pattern of "sharp decline—recovery—sideways trading." The MA5 and MA10 are repeatedly intertwined, with the price repeatedly under pressure from the MA30. The moving average system remains in a bearish arrangement, and the medium-term trend has not yet reversed. The MACD rebounded below the zero line and has flattened again, with the red histogram shortening. Momentum is recovering but has not yet formed a trend expansion. In the short term, watch for support at $66,000 and resistance at $69,500–$70,000. A volume breakout above the MA30 and a firm hold above $70,000 could open the way to challenge $72,000.

GateResearch02-12 07:22

Vitalik pushes zero-knowledge proofs to protect AI privacy! Anonymous payment for chat logs to prevent abuse

Ethereum Foundation AI Lead Davide Crapis and Ethereum Co-Founder Vitalik Buterin proposed using zero-knowledge proofs to ensure user privacy during interactions with large language models, while also preventing spam and abuse. Each time a user sends a message to the AI chatbot, an API call is triggered. They stated that the core challenges faced by users and providers are privacy, security, and efficiency.

MarketWhisper02-12 06:59
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)