Business
New milestone for PowerPool.io: USDC payouts now supported
New milestone for PowerPool.io: USDC payouts now supported
About this update from Lokotech Group As
Oslo/Madrid - 20th may 2025Miners can now mine across PowerPool's six supported algorithms, and choose toreceive their earnings in USDC, offering greater financial predictability andease of use for everyday transactions.The integration of USDC, a leading stablecoin pegged to the U.S. dollar,addresses the growing demand for stable, low-volatility payout options in anotherwise volatile crypto market.It also acts as a statement for PowerPools strategic efforts to develop it'sservice offering.To our best knowledge, PowerPool is the second pool in the world to offerstablecoin payouts, and the first that utilizes USDC."By adding USDC as a payout option, we're giving our community the freedom tohedge against market volatility while maintaining the profitability andefficiency that define our platform. It's a game-changer for the miningindustry, and we expect it to increase adoption by the community."comments Matthew Bearer, Head of Growth at Powerpool Mining SL"This is a pivotal moment for PowerPool and our clients.", he concludes.On other topics, the SOC certification process progresses well, and May 2025iswell on its way to set a new record for monthly net revenue for PowerpoolMiningSL.https://newsweb.oslobors.no/message/646935