USD Coin (USDC) news
Aerodrome WETH/USDC pool handled 32% of adjusted USDC transfer volume on Base
Why it matters: The data shows USDC is increasingly used as DeFi liquidity infrastructure rather than just for payments, but the concentration of activity in a single protocol poses risks to the Base ecosystem.
Thailand proposes $151,000 daily limit on stablecoin transfers
Why it matters: Thailand is tightening control over stablecoin flows between local platforms and the external market, which could complicate cross-border transfers.
Circle names Aerodrome the leader in USDC transfer volume
Why it matters: Half of Base's stablecoin flows depend on a single protocol, so a failure or exploit at Aerodrome would hit liquidity across the entire network.
Crypto platform Cascade announces self-liquidation
Cascade, formerly Perennial, is shutting down after five years. Clients must withdraw funds themselves through the Equilibria portal. In 2025 the platform raised $15 million from Polychain Capital, Variant and Coinbase Ventures. A July hack of $1.3 million in USDC worsened the situation.