According to Pidun news, the crypto hedge fund and credit company Orthogonal Trading launched a USDC loan of $16.9 million on the institutional lending protocol Maple Finance with a term of 30 days and an annual interest rate of 0%. The Orthogonal Trading team confirmed that this is the migration process to Maple v2. part. It was previously reported that Orthogonal Trading defaulted on loans totaling $36 million to Maple Finance.