Euro stablecoins are quietly becoming a DeFi lending growth driver.
The market currently has about $111.3M in euro stablecoin TVL across 21 venues, with Aave V3 holding 47.2% of the total.
Morpho Blue follows at 34.1%, while Uniswap V3 holds 9.6%.
As euro stablecoin adoption expands, lending protocols could capture more of the liquidity through borrowing, lending and yield markets.
The euro stablecoin wave may be just starting.
$AAVE $MORPHO $UNI
The market currently has about $111.3M in euro stablecoin TVL across 21 venues, with Aave V3 holding 47.2% of the total.
Morpho Blue follows at 34.1%, while Uniswap V3 holds 9.6%.
As euro stablecoin adoption expands, lending protocols could capture more of the liquidity through borrowing, lending and yield markets.
The euro stablecoin wave may be just starting.
$AAVE $MORPHO $UNI