Flash
Aave divestment reaches US$6.6 billion. USDT borrowing rates soared to 15%
According to monitoring by chain analyst Ember, the amount of funds withdrawn from Aave today has reached US$6.6 billion, half of which is stablecoins. After a large amount of funds were withdrawn, deposit and borrowing rates both soared. The deposit rates of USDT and USDC stablecoins actually reached 13.4%, and the borrowing rates reached 15%.