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

<img width="768" height="432" src="https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit-768x432.png" class="attachment-medium_large size-medium_large wp-post-image" alt="Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit" style="float:left; margin:0 15px 15px 0;" decoding="async" fetchpriority="high" srcset="https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit-300x169.png 300w, https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit-1024x576.png 1024w, https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit-768x432.png 768w, https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit-190x107.png 190w, https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit-380x214.png 380w, https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit-760x428.png 760w, https://static.news.bitcoin.com/wp-content/uploads/2026/04/circle-economist-proposes-higher-usdc-rates-on-aave-v3-after-kelpdao-exploit.png 1280w" sizes="(max-width: 768px) 100vw, 768px" />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 […] Read Entire Article

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