Tether, the blockchain-enabled platform that powers the largest stablecoin by market capitalization, and Aave Protocol, an open-source and non-custodial protocol, are working together to bring wider adoption of Tether (USDT) to the nascent DeFi ecosystem.
Tether Wants its Share of the DeFi Market
USDT is powering a variety of innovative DeFi lending projects. According to data provided by Aave, the stablecoin also offers the best returns for lenders in the marketplace, with yields of up to 12%.
Over the same period, MakerDAO's Dai and Circle's USDC offer yields of 8% and 5.7%, respectively.
