Aave Eyes Maple’s Syrup Stablecoins for Collateral
DeFi lending titian Aave is considering whether to onboard Maple's high-yielding "Syrup" USDT and USDC stablecoins as collateral assets for the Plasma and Core lending markets. The proposed Plasma integration has so far received unanimous approval in governance voting. Aave continues to take an aggressive approach to onboarding long-tail dollar-pegged crypto on its Plasma and Ethereum Core core markets; the lending platform currently extends loans against $5.4B worth of Ethena synthetic stablecoins across both implementations. While Syrup stablecoins fit within Aave's growth strategy of onboarding high-yielding collateral, they're inclusion will also increase the risk profile of Aave's lending markets.