Lighter reaches USDC deposit yield sharing agreement with Circle
PANews reported on February 12 that stablecoin yield platform Lighter has reached a partnership with USDC issuer Circle to share the yield generated from approximately 920 million USDC deposits on the platform. Previously, Lighter had attracted about 920 million USDC in deposits. Under this agreement, the interest income from these funds will be distributed between Lighter and Circle.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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