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Open USD Launch Tests USDC Yields on Aave

2026-07-01 15:26:20

Open USD launched on Tuesday with more than 140 corporate backers, creating a potential challenge for USDC yields on Aave. The token lets businesses mint and redeem for free and routes reserve income to partners. DefiLlama data shows USDC suppliers on Aave's main Ethereum market earn around 3.4%. Open USD is not fully live and no Aave market lists it yet.

USDC-0.02%

AAVE-0.59%

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