
Aave raises GHO borrow rates as USDC reserves run low, aiming to stabilize its stablecoin peg.
Aave's GHO Risk Council increased the core GHO borrow rate on Ethereum from 4.25% to 5% and also raised rates on the Prime market to address depletion in the USDC conversion module, a key tool for maintaining GHO's dollar peg. The higher rates discou...





