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Solana Supports Aave: USDT Borrowing to Aid DeFi Revival
The Solana Foundation officially announced that it will provide its first USDT loan to Aave to support the revival of the DeFi ecosystem.
This move comes after the KelpDAO rsETH crisis, with the Solana Foundation actively participating in the "DeFi United" initiative to fill the rsETH funding gap.
Lily Liu, Chair of the Solana Foundation, stated: "The healthy development of the DeFi ecosystem is crucial to Solana's future. Our action is not only for Aave but also for the robust growth of the entire DeFi ecosystem."
This move highlights Solana's commitment to the long-term healthy development of DeFi and also signals the importance of cross-platform collaboration, pushing the market toward a more stable direction.