TLDR
- Pornhub has replaced USDT with USDC for creator payouts to improve reliability.
- USDC is a regulated stablecoin, offering more security and compliance.
- The shift was made to offer more reliable and secure payment options for creators.
- Pornhub previously used USDT for payouts after PayPal stopped supporting the platform.
- USDC is fully backed and MiCA-compliant, making it a safer payout method
Pornhub has replaced USDT with USDC for creator payouts, according to emails shared by creators and changes on its model program page. The platform said the switch aims to improve payment reliability. It also described USDC as a regulated, fully backed stablecoin that offers a more secure payout option.
Pornhub’s Shift to USDC for Creator Payouts
Pornhub, one of the largest adult websites in the world, has made a notable change regarding its creator payouts. The platform recently switched from USDT (Tether) to USDC (USD Coin), citing the move as an effort to improve the reliability of its payment system.
This decision, confirmed by emails received by creators, reflects a shift toward a more secure and regulated payment process.
The email, shared by adult content creators, explained that USDC is a more reliable and secure option than USDT. It further described USDC as a stablecoin that is fully backed and compliant with the European Union’s MiCA regulations. According to Pornhub, this shift would provide a safer method for handling creator payouts while ensuring stability.
The Reasons Behind the Change
Pornhub made the switch from USDT to USDC after previously relying on Tether since 2020. The decision to adopt USDT followed PayPal’s decision to stop payouts to models, pushing Pornhub to explore alternative payment options. USDT, based on the Tron network, had been a key solution for adult content creators, allowing them to receive payments in a stable digital currency.
However, with increasing scrutiny of stablecoins, particularly unregulated ones like USDT, Pornhub is now moving toward a more regulated stablecoin. USDC, issued by Circle, is fully backed and complies with strict regulations, making it a preferred choice for companies prioritizing security and regulatory compliance.
“USDC is a fully-backed, MiCA-compliant and regulated stablecoin, making it a more secure option for your earnings,” the email from Pornhub stated.
USDC’s Role in Enhancing Payment Security
By adopting USDC, Pornhub is looking to create a more stable and secure environment for creators receiving payouts. USDC, unlike USDT, is a fully-backed stablecoin, ensuring that each token is tied to a real dollar. This guarantees a 1:1 value ratio, which is particularly important for users who rely on the predictability of their earnings.
Pornhub highlighted that USDC operates similarly to USDT on the ERC-20 network, which means creators can continue receiving payments without significant changes to the process. However, USDC’s backing and regulatory compliance make it a more secure alternative for creators, who now have more confidence in the reliability of their payments.
While Pornhub has made this transition, it still offers other payment methods, including Paxum, Verge, and Cosmo. However, USDC has emerged as the primary digital currency for payouts, replacing USDT entirely in Pornhub’s creator program.
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