Aave Withdrawals Reach $6.6 Billion Today, USDT Borrowing Rate Surges to 15%

BlockBeats News, April 19th, according to on-chain analyst ChainInfo, the amount of funds withdrawn from Aave today has reached $6.6 billion, with half of it ($3.3 billion) in stablecoins. After a large amount of funds were withdrawn, both deposit and borrowing rates skyrocketed, with the deposit rate for USDT and USDC stablecoins reaching 13.4% and the borrowing rate soaring to 15%.