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The Aave community has passed a proposal to remove USDS collateral eligibility (setting LTV to 0), exclude it from e-Mode, and increase the Reserve Factor (RF) from 10% to 25%. The proposal is currently awaiting final execution of the AIP. The main reasons are the decline in USDS yield contribution, low collateral utilization rate, and potential risk exposure arising from its issuance mechanism. MakerDAO founder Rune responded by stating that the proposal misunderstands the lending methods of Stars to Sky via Spark, Grove, etc., as in fact, reasonable interest rates have been paid and settled regularly. He emphasized that if Sky significantly improves transparency and scalability in the future through Data Hub, Grove, and Sentinel Network, USDS still has the hope of returning to Aave's collateral asset list and promoting broader adoption.

Jinse Finance reported that shareholders of Columbus Circle Capital Corp I (NASDAQ: BRR) approved the business combination with bitcoin financial services company ProCap BTC on December 3, 2025. The transaction is expected to be completed on December 5, and the merged company will be renamed ProCap Financial, Inc., continuing to trade on the Nasdaq Global Market under the ticker "BRR". ProCap BTC has raised over $750 million from traditional finance and bitcoin industry investors.