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PassedFinancialQIP-002
Add USDC as Accepted Collateral
GXYZ...7MKL Voting 4/28/2026 – 5/5/2026
Description
This proposal adds Circle's USDC (issued on Stellar) as accepted collateral in the Quorum lending protocol. USDC would have an initial loan-to-value ratio of 90% and a liquidation threshold of 95%.
USDC is one of the most liquid assets on the Stellar network. Its inclusion as collateral would meaningfully expand borrowing capacity for users who hold USDC.
The Chainlink Stellar price feed for USDC/USD will be used for oracle pricing.
On-chain Actions
Register USDC as collateral asset
CCOLLATERAL...B3QW → add_collateral_asset()
Voting Results
For 90.0%Against 6.7%Abstain 3.4%
1200K
For (90.0%)
89K
Against (6.7%)
45K
Abstain (3.4%)
Quorum1334K / 500K required
Recent Votes
| Voter | Choice | Weight | Time |
|---|---|---|---|
| GAAA...1BBB | for | 450K | 4/28/2026 |
| GCCC...3DDD | for | 320K | 4/29/2026 |
| GEEE...5FFF | against | 89K | 4/30/2026 |
| GGGG...7HHH | abstain | 45K | 5/1/2026 |