Lighter and Circle partner to share revenue from $920M in USDC deposits
#Lighter and #Circle have reached a revenue-sharing agreement covering roughly $920M in $USDC deposits on the Lighter platform. Under the deal, interest income from Circle’s $USDC reserves will be shared between the two, following a model similar to Circle’s arrangements with Coinbase and Bybit.
Lighter is a perpetual trading protocol based on #Ethereum, specialized zk-rollup that utilizes cryptographic methods and data structures to ensure scalability, security, and transparency.
OKX Ventures partners with Securitize, STBL and Hamilton Lane
#OKXVentures has partnered with #Securitize , #STBL , and #HamiltonLane to support the launch of an RWA-backed stablecoin on #XLayer . The new stablecoin combines institutional private credit, regulated tokenization, and programmable settlement to power the next generation of onchain financial infrastructure.
The ecosystem-specific stablecoin will be issued on OKX’s X Layer and backed by tokenized exposure to Hamilton Lane’s Senior Credit Opportunities Fund via Securitize. The stablecoin will adopt a dual-token structure that separates yield generation from the stable asset, as U.S. regulators increase scrutiny of yield-bearing stablecoins.