The Aave community has initiated a proposal to increase the supply cap of USDC.e on V3 Polygon

ChainCatcher message, the Aave community has initiated a proposal to increase the supply cap of USDC.e on V3 Polygon. The proposal suggests raising the supply cap of USDC.e to 48 million through the risk manager stream. Additionally, secondary trading will be initiated to execute the payload of AIP-414, ensuring that the increase does not immediately exceed the new supply cap. To maintain a balance in utilization, it is recommended to increase the borrowing cap in proportion to the increase in the supply cap.