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Pornhub stops supporting USDT, switches to USDC! Is this a reliability battle among stablecoin providers behind the scenes?
Adult platform Pornhub announces it will stop using $USDT for payouts, fully switching to Circle-issued $USDC as the creator payment tool. The platform emphasizes that this move aims to improve fund reliability and comply with regulations such as MiCA.
Pornhub announces stablecoin change, $USDT officially exits payout mechanism
Recently, adult platform Pornhub has stopped using $USDT as a creator payout tool, switching instead to $USDC issued by Circle.
According to screenshots of notices circulating within the creator community, the platform states this move is to enhance the “reliability” of payouts, and emphasizes that $USDC is a fully reserve-backed stablecoin that complies with regulatory requirements. The relevant information indicates that $USDC maintains a 1:1 peg with the US dollar and can operate on the ERC-20 network, offering an experience similar to past USDT.
Image source: X/@graciehartie According to screenshots of notices circulating within the creator community, Pornhub lists $USDC as a payment option
Currently, Pornhub’s official creator program page has removed $USDT as a payment option, replacing it with $USDC alongside Paxum, Verge, Cosmo, and other payment