Express
Tether Usage Increasing In DeFi
Summary: The usage of Tether (USDT) in decentralized finance (DeFi) looks to be increasing, as lending protocol Aave found that more than $7.2 million in USDT is locked, out of a reported $60 million in total assets. This comes two months after the initial release of Tether on Aave, which offers a wide variety of stablecoins ...
The usage of Tether (USDT) in decentralized finance (DeFi) looks to be increasing, as lending protocol Aave found that more than $7.2 million in USDT is locked, out of a reported $60 million in total assets.
This comes two months after the initial release of Tether on Aave, which offers a wide variety of stablecoins such as Dai (DAI), USD Coin (USDC), sUSD and TrueUSD (TUSD).
By Roland James
