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Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit

Gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core market after a $292 million exploit against KelpDAO lef...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit
Gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core market after a $292 million exploit against KelpDAO left the pool functionally frozen for four consecutive days. Key Takeaways: Circle’s Chief Economist Gordon Liao proposed raising USDC’s Aave […]

Why this matters

Aave is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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