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Aave Sees Surge Of Tether Loans

Emily Mason

Summary: Lending protocol Aave has seen a surge of Tether usage on its platform, according to reporting by coinrivet.com. Aave has seen increase of aquisition of USDt through flash loans and data from the company found that the coin provided the best yield for lenders, according to coinrivet.com. As use of USDt grows for myriad purposes ...

Lending protocol Aave has seen a surge of Tether usage on its platform, according to reporting by coinrivet.com.

Aave has seen increase of aquisition of USDt through flash loans and data from the company found that the coin provided the best yield for lenders, according to coinrivet.com.

As use of USDt grows for myriad purposes he world's most trusted, stable and liquid stablecoin consolidates its central position in the digital asset ecosystem," Tether CTO, Paolo Adoino, said in a recent interview with coinrivet.com. "Tether is the reserve currency of crypto and DeFi."

By Emily Mason

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