USDC Adoption: Pornhub Drops USDT

Pornhub Transitions to USD Coin for Creator Payments

• Pornhub is replacing Tether (USDT) with USD Coin (USDC) for payments to creators and models.
• The transition deadline is June 1, requiring content creators to update payment details to avoid disruptions.
• The switch to USDC is due to its full reserve backing and compliance with the EU’s Markets in Crypto-Assets framework (MiCA).
• Circle secured an Electronic Money Institution license in July 2024, enabling USDC’s seamless operation across the EU.
• Pornhub’s payment options now include USDC and Verge, while it still accepts USDT on Ethereum and Tron networks.

Pornhub’s move from Tether to USD Coin aligns with regulatory compliance under MiCA, ensuring stable and supported payments for creators.