Chart of The Day: Stablecoin Lending Rates for the Previous Quarter
Stablecoin lenders on Aave and Compound saw their yields drop from 2.4-3.7% to 0.8-2.3% since the beginning of this quarter. Alongside yields, the TVL of these stablecoin money markets has also declined. The collective TVL for all markets listed in the chart above has declined by 55%, from $9.6 billion to $4.2 billion, currently.
