That volatility has rocked usually quiet loan markets for TUSD, especially on Aave v-2, the largest on-chain lending facility for TUSD. At press time, the variable borrow rate for TUSD was over 30% APR; it was even higher earlier in the day, according to Parsec.
Related posts
-
Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans
While the industry was not mentioned in the party’s manifesto or on the campaign trail, Labour... -
Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet
Minipay, an integral feature of the Opera Mini browser,... -
Aave DAO Launches GHO Stablecoin on Arbitrum Network
Aave DAO has introduced its multi-collateralized stablecoin, GHO, on...