Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit

23-Apr-2026 Bitcoin.com
Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO ExploitGordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core market after a $292 million exploit against KelpDAO left the pool functionally frozen for four consecutive days. Key Takeaways: Circle’s Chief Economist Gordon Liao proposed raising USDC’s Aave […]
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