PayPal's PYUSD stablecoin has hit a major milestone—over $400 million now locked in Aave, positioning it as a significant player in the lending protocol's ecosystem. This surge reflects growing institutional confidence in integrating fiat-backed stablecoins into DeFi platforms. The concentration of capital highlights Aave's continued dominance as the go-to liquidity destination for major stablecoin issuers.
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PayPal's PYUSD stablecoin has hit a major milestone—over $400 million now locked in Aave, positioning it as a significant player in the lending protocol's ecosystem. This surge reflects growing institutional confidence in integrating fiat-backed stablecoins into DeFi platforms. The concentration of capital highlights Aave's continued dominance as the go-to liquidity destination for major stablecoin issuers.