ChainCatcher news, decentralized social media protocol Farcaster user engagement hit a record high, the platform last week the number of independent casters exceeded 73,700, reaching an all-time high. The protocol has generated 611.03 ETH in revenue.

One possible reason for the surge in users is that founder Dan Romer announced that they are developing a new tool to use USDC for in-app payments. The feature is designed to solve the long-standing problem of having to look up someone's alphanumeric wallet address and allow users to send directly through the Farcaster ID.