Odaily Planet Daily reports that over the past 90 days, the amount of Circle-issued USDC deposited into DeFi protocols increased by 34.1% to $9.3 billion. Of this, USDC deposits in Morpho Blue and Aave V3 reached $3.6 billion and $2.8 billion, respectively, accounting for approximately 69% of the total.
USDC deposits in DeFi protocols rise 34.1% to $9.3 billion
KuCoinFlashShare
DeFi exploit concerns remain low as USDC deposits in DeFi protocols rise 34.1% over 90 days to $9.3 billion. Morpho Blue and Aave V3 lead with $3.6 billion and $2.8 billion in deposits, accounting for nearly 69% of the total. Crypto news outlets such as Odaily report steady growth in stablecoin usage across lending platforms.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
