Stablecoin deposits on @aave V4 are approaching half a billion (currently at $468M), with borrows at $352M.
In the last | Hanami
Stablecoin deposits on @aave V4 are approaching half a billion (currently at $468M), with borrows at $352M.
In the last 90 days, stablecoin deposits grew +300% and borrows +410%. Borrow demand is growing faster than supply, with current utilization at around 75%.
In terms of deposits, @USDC leads at $250M, followed by @GlobalDollar USDG at $117M and USDT at $55M.
Deposits are split across the following spokes:
→ @ethereum Main holds $154M (33%)
→ @arc Main $145M (31%).
→ @ether_fi Cash follows at $72M (15%)
→ @maplefinance SyrupUSDG at $38M (8%).