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Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs

Published: March 11, 2023

Lending protocol Aave has frozen stablecoins trading and set the loan-to-value ratio to zero in response to recent price volatility.

Source: cointelegraph.com

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United StatesConor Ryder ConorryderSilicon Valley BankDeposit Insurance CorporationSource Gauntlet NetworkCalifornia Department Of Financial ProtectionAave GuardianConor RyderValley BankCalifornia DepartmentFinancial ProtectionFederal Deposit Insurance Corporation