Circle Economist Proposes 50% Rate Ceiling to Snap Aave's USDC Liquidity Crisis
In brief An economist at USDC issuer Circle proposed an emergency overhaul of Aave’s lending mechanics, advocating for a 50% maximum borrowing rate. Making Aave...
Tag : liquidity
Tron’s Stablecoin Supply Just Hit a Record $86.7 Billion: Is TRX Crypto About to Follow the Liquidity Higher?
Tether’s USDT supply on the Tron network just hit a record $86.7 billion, and TRX crypto is trading at $0.329, down 23.6% from its all-time...
Ethereum Spot ETFs Near $500M in April Inflows as ETH Holds Above $2,300; LiquidChain Targets Cross-Chain Liquidity
U.S. spot Ethereum ETFs have attracted $495.75 million in net inflows so far this month, a flow trend that is helping keep ETH above $2,300...
Ether taker volume rises by 72% as traders target ETH liquidity gap at $2.6K
ETH derivatives show strong buyer dominance, leading traders to target $2,500 to $2,600 as the next crucial rally. Ether (ETH) futures on Binance have risen...
Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
In brief Aave users struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH on the platform, spiking a core market’s so-called utilization...
Stablecoins behave like FX markets as liquidity splits: Eco CEO
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity....