TRON (TRX) founder Justin Sun has invested 33 million USDT into the stablecoin liquidity pool of decentralized finance (DeFi) protocol Aave (AAVE).
blockchain security firm PeckShield According to data presented by Justin Sun, Aave’s Lending Pool v2 to the contract 33 million dollars worth USDT transferred. Analysts say Sun’s move Bitcoin (BTC) And Ethereum (ETH) assets such as volatile without being exposed to interest income on stablecoin There was no explanation from Sun on the subject.
Lately USA especially by A massive attack on staking and interest-bearing products While Sun’s investment in a decentralized platform did not go unnoticed. On the other hand, according to market analysts, by transferring funds to Aave, Sun not only takes advantage of the yield generating features of the lending pool, but also trust in the platform it shows too.
While the pressure of centralized products by the authorities continues to increase, finally, Paxos supplied by Binancestablecoin of Binance USD (BUSD)took a hit from the front of the New York Department of Financial Services (NYDFS).