The borrowing cost of stablecoins such as USDT and USDC on Aave has dropped to 4%, which may indicate that the market's risk aversion sentiment has not subsided


data shows that the borrowing costs of stablecoins such as USDT and USDC on the decentralized lending platform Aave have dropped to around 4%, indicating that risk aversion is spreading to the crypto field. Strahinja Savic, Director of Data and Analysis at FRNT Financial, explained: "Aave's loan interest rates are affected by the utilization rate of deposit assets, and as leverage demand and other borrowing trading strategies cool down, their rates naturally decrease."