# @kpk_io: Aave deprecates legacy USDC on Gnosis Chain, migrating to USDC.e

Source: https://x.com/kpk_io/status/1984554025446936832?s=46

## Summary

Aave has deprecated the legacy USDC market on Gnosis Chain, with users encouraged to migrate to USDC.e, the Circle-supported stablecoin. Following community approval, the old USDC reserve is now frozen, meaning no new deposits or borrows are allowed. The Reserve Factor for the market was increased to 80%. The announcement says the move is meant to provide unified liquidity and better capital efficiency.

## Article

The @gnosischain ecosystem is consolidating around USDC.e, the Circle-supported stablecoin.

Following community approval, @Aave has deprecated the legacy USDC market on Gnosis Chain:
✅ The old USDC reserve is now frozen (no new deposits or borrows)
✅ The Reserve Factor increased to 80%

💡 Users are encouraged to migrate to USDC.e for unified liquidity and better capital efficiency.
https://vote.onaave.com/proposal/?proposalId=399&ipfsHash=0x9e06dab39bafb030dc63964e505beb4a258ee6f6373ecc43debb7681d7a54697

## Comments

**timdaub.eth**: Interesting. I found that USDC.e is usually also the best coin to swap in and out of Gnosischain