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Maple Finance stablecoins debut on Aave’s onchain lending markets

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 16 Views

The partnership links Aave’s liquidity with Maple Finance’s institutional credit pools, introducing yield-bearing stablecoins to Aave's lending markets.

Lending protocol Aave has partnered with onchain credit platform Maple Finance to connect institutional capital with decentralized liquidity. 

Announced on Tuesday, the integration will introduce Maple’s yield-bearing stablecoins — syrupUSDC and syrupUSDT — to Aave. SyrupUSDC will be listed in Aave’s core market, while syrupUSDT will be available in its Plasma instance.

The tokens are backed by assets from Maple’s onchain credit pools, which manage billions of dollars in institutional capital from allocators and borrowers. According to Maple, the move is intended to “stabilize borrow demand and improve capital efficiency” across Aave’s markets.

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