Aave community is voting to integrate PYUSD
The decentralized non-custodial lending protocol Aave is voting to support the issuance of PayPal's stablecoin PYUSD by Paxos Trust Company. In the ongoing governance vote, 99.98% of participating AAVE token holders have approved the integration of PYUSD into AAVE's Ethereum-based pool. The vote on the proposal called "Temperature Check" introduced by Trident Digital on December 18 will end later on Thursday. This vote comes after decentralized exchange Curve decided to custody PYUSD in December.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — AVNT/USDT!
Crypto Loan Carnival round 25: Borrow ETH, SOL to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 24: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
