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Maker Accepts USDC as a Collateral, Becomes ‘Less Trustless’ + More News

As a result of an Executive Vote held today, MKR holders have accepted USD Coin (USDC) as a new collateral asset in the Maker Protocol, says the announcement. 82% of MakerDAO community has voted for adding support for USDC, a stablecoin pegged to the USD and managed by Circle and Coinbase, as an alternative collateral and an emergency measure to help mitigate the liquidity risk.

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