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The USDT lending APY on Aave has soared to 16.01%, reaching a peak in six months.
PANews July 17 news, according to on-chain analyst @ai9684xtpa monitoring, Aave’s USDT lending APY surged to 16.01%, reaching a six-month peak. The last time such a crazy borrowing of USDT occurred was in December last year during BTCATH - USDT issuance increased by 1 billion coins, and Binance’s USDT financial interest rate rose to 4%.