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MakerDAO Considering USDC Collateral Support For Enhanced Liquidity

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MakerDAO Considering USDC Collateral Support For Enhanced LiquidityMakerDAO Considering USDC Collateral Support For Enhanced Liquidity

MakerDAO, leading player in the decentralized finance sector, is facing liquidity risk in an uncertain market. The MakerDAO community is considering adding support for USDC, the cryptocurrency associated with Circle, as an alternative collateral to help bear this risk, according to a community thread on March 16.

MakerDAO’s Foundation Dev Team had a call on the matter at 11 AM ET today, discussing the code for the USDC collateral adaptor — a recording of that call is available here.

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