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New milestone for PowerPool.io: USDC payouts now supported
20 May 2025 15:30 CEST
Issuer
Lokotech Group AS
Oslo/Madrid – 20th may 2025
Miners can now mine across PowerPool’s six supported algorithms, and choose to
receive their earnings in USDC, offering greater financial predictability and
ease 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 an
otherwise volatile crypto market.
It also acts as a statement for PowerPools strategic efforts to develop it’s
service offering.
To our best knowledge, PowerPool is the second pool in the world to offer
stablecoin payouts, and the first that utilizes USDC.
“By adding USDC as a payout option, we’re giving our community the freedom to
hedge against market volatility while maintaining the profitability and
efficiency that define our platform. It’s a game-changer for the mining
industry, 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 2025 is
well on its way to set a new record for monthly net revenue for Powerpool Mining
SL.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Lokotech Group AS
Provider
Oslo Børs Newspoint
Company Name
LOKOTECH GROUP AS
ISIN
NO0010921299
Symbol
LOKO
Market
Euronext Growth