BlockBeats News, May 6th - Decentralized perpetual contract exchange Lighter has officially established a strategic partnership with stablecoin issuer Circle. According to the agreement, USDC has been designated as the default and preferred stablecoin for Lighter's entire product suite (covering spot and perpetual contract trading, settlement, clearing, and user onboarding processes).

Circle stated in a social media post on Tuesday, "As on-chain markets scale, trusted dollar infrastructure becomes core market infrastructure." Lighter responded by saying that USDC has been the underlying asset for the protocol and its traders since launch, and both parties plan to deepen their collaboration.