Update
Aave Adjusts USDT Borrowing Rates
Aave, a decentralized finance (DeFi) platform, has adjusted the utilization point at which USDT borrowing rates rise sharply on its Ethereum Core market. The utilization point has been lowered from 94% to 92%. This change increases the loan costs for borrowers sooner as pool liquidity tightens, while still allowing borrowers to exceed the new threshold. The adjustment aims to provide more withdrawal headroom through higher borrowing costs, with the intended cushion remaining available for borrowing or withdrawal.