November 5, 20261 min read0 views

Aave Captures 66.4% of $5.8 Billion in DeFi Stablecoin Deposits

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…

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USDT is a widely used stablecoin that serves as a source of liquidity in decentralized finance. The reported total also includes USDT0.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].

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