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Circle Partners OSL to Expand USDC Access Across Markets

OSL integrates USDC for 1:1 conversions, trading pairs, and unified margin use across crypto and fiat markets. Partnership adds tokenized assets like USYC, linking traditional finance products with blockchain-based liquidity tools. Circle introduces native USDC bridging, enabling secure c

RedotPay Adds SUI and USDC-Sui for Global Payments

RedotPay adds SUI and USDC-Sui, allowing 7M users to transact globally across 130M merchants in over 100 countries. Native USDC support on Sui improves efficiency, removing reliance on bridged tokens and enabling near-instant settlement. Integration links blockchain payments with

Circle, OSL Expand USDC Access as Asia Cross-Border Demand Grows

Institutional access to digital dollar liquidity is growing as cross-border settlement demand rises and stablecoins gain a larger role in market infrastructure. OSL Group and Circle are expanding USDC use across trading, payments, and settlement in Asia. Key Takeaways: OSL Group expanded USDC acc

CHIP Liquidations Hit $1.2M in One Hour as Trader neoyokio.eth Opens $2.2M Long Position

Gate News message, April 23 — According to monitoring data from Hyperinsight and Coinglass, CHIP led all assets in liquidations over the past hour with approximately $1.2 million in liquidated positions, primarily long positions. On the Hyperliquid platform, a single address was liquidated twice ove

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.

Circle Proposes Emergency Rate Overhaul for Aave's Frozen USDC Pool

Summary: Circle proposes an emergency Aave V3 USDC overhaul, lifting Slope 2 to ~40% to restore healthy utilization (target ~85%), with max rate rising to ~48%, arguing borrowers ignore rates; also suggests pausing the USDC risk oracle. Abstract: Circle has urged an emergency overhaul of Aave V3's USDC pool after four days at near-6% idle liquidity and 99.87% utilization following the KelpDAO exploit. The plan would immediately raise Slope 2 for USDC deposits from about 10% to 40%, followed by governance ratification of a 50% target within a week. The aim is to attract supply and restore balanced utilization, with a move to a higher max supply rate (about 48%) at full utilization. Liao argues current borrowers use USDC borrowing as a queue-bypass mechanism and are insensitive to current rates, making supply-focused incentives essential. The proposal also recommends pausing the USDC Risk Oracle due to past underperformance. Circle’s stance is notable because a stablecoin issuer is essentially saying the market for its asset on Aave is broken.