Maple and Aave Team Up to Bring Institutional Assets to DeFi Lending Markets

Maple Finance, an on-chain asset manager overseeing more than $3.1 billion, and Aave, the largest decentralized finance (DeFi) lending protocol, announced on Tuesday a strategic partnership to bring institutional-grade assets into Aave’s lending markets.

Initial integrations will include syrupUSDT on Aave’s Plasma instance, followed by syrupUSDC on the core market, with additional Maple assets to be added over time, according to a press release viewed by The Defiant. Aave is currently the largest DeFi protocol with a total value locked (TVL) of over $40 billion.

The collaboration aims to stabilize borrow demand, improve capital efficiency, and strengthen liquidity within Aave’s variable lending model, according to a press release viewed by The Defiant.

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