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Lighter has partnered with Circle, designating USDC as the preferred stablecoin.
BlockBeats News, May 6th, the decentralized perpetual contract exchange Lighter and stablecoin issuer Circle officially established a strategic partnership. According to the agreement, USDC is designated as the default and preferred stablecoin for Lighter’s entire product suite (covering spot and perpetual contract trading, settlement, clearing, and user onboarding processes).
Circle posted on social media on Tuesday stating, “As on-chain markets grow in scale, trustworthy dollar infrastructure is becoming a core market infrastructure.” Lighter responded that USDC has been the foundational asset of the protocol and its traders since launch, and both parties plan to continue deepening their cooperation.