Aave V4 went live on the Arc Layer-1 network on Sept. 16 and attracted $USDC almost immediately. By Sept. 17, point-in-time Aavescan …
USDC
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Bitwise Asset Management, a crypto asset manager focused on digital assets, has expanded its Premium RWA Vault (PAPY) to the Arc blockchain. …
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Pendle announced that its $USDC Vault on Morpho has surpassed $60 million in deposits, establishing itself as the largest and highest-yielding Armitage …
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DeFi
DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balance
by shayaanby shayaanAmpleforth, a DeFi protocol governed by FORTH token holders, saw Proposal 54 canceled on-chain before its voting window opened. The proposal would …
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Compound Foundation has launched a $USDC lending market with loan-to-value ratios of up to 87% as part of its $52 million plan …
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Lending protocol Moonwell’s proposed rate changes could cut monthly interest accruing on bad debt by about 85%, according to Anthias Labs’ projection. …
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Finance
21-bank stablecoin has global backing, but can it rival USDT and USDC?
by shayaanby shayaanA planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four …
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Markets
Circle Reserve Attestation Shows USDC Backing Above Circulating Supply
by shayaanby shayaanCircle has issued its latest monthly reserve attestation for USDC, with Deloitte’s review showing reserve assets above total circulating token supply. The …
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Aave has launched an exciting new incentive program for $USDC borrowers in its V4 Core Hub. Users can now borrow $USDC against …
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Markets
Circle's USDC takes over Chelsea's jersey in Premier League first sponsorship deal
by shayaanby shayaanFinancials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for …