Aave dominates with 63% share of $6.1B USDT and USDT0 TVL across DeFi

What happened

The lending giant holds $3.83 billion in Tether deposits across 29 venues, cementing its grip on stablecoin liquidity as omnichain USDT0 reshapes cross-chain flows. Nearly two-thirds of all USDT and USDT0 sitting in decentralized finance belongs to a single protocol. Aave V3.