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.

👉 velo.xyz/news/1747