Will Aave collapse due to bad debt? Aave now holds approximately $60M in frozen USDT as collateral, and many are concerned about this. Marc Zeller commented on this, and the conclusion is: "Don’t worry too much." The reason? USDT itself is solid collateral—even if the hacker doesn’t repay, when liquidation occurs, you can simply cash out the USDT. https://t.co/LUjYZfKgaw This makes sense, but the only concern is whether Aave will later release the freeze on the hacker’s deposited USDT and allow its cashout. However, considering Aave’s relationship with Tether, it seems likely they will— or will they label it as hacker funds? #Binance #Hacking
