PANews reported on May 6th that, according to The Defiant, decentralized perpetual contract exchange Lighter and Circle have entered into a strategic partnership, designating USDC as the default stablecoin for its entire product line, covering spot and perpetual contract trading, settlement, clearing, and user onboarding processes. Lighter stated that USDC has been the underlying asset for its protocol and traders since its launch, and the two companies plan to continue collaborating on this partnership.