Aave Captures 66.4% of $5.8 Billion in DeFi Stablecoin Deposits
Photo: TokenPost
Deposits of Tether USDt (USDT) and USDT0 across decentralized finance venues totaled $5.8 billion, with Aave accounting for 66.4% of the total. That makes the crypto lending and borrowing platform the largest destination in the reported activity. USDT is a widely used stablecoin that serves as a source of liquidity in decentralized finance. The reported total also includes USDT0. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
