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Solana Foundation lends USDT on Aave to stabilize after KelpDAO exploit

Protocol Fundamentals
05 May 2026
Crypto Economy
Bullish
pluang ai news

The Solana Foundation responded to the KelpDAO bridge exploit by deploying USDT from its treasury into the Aave lending protocol. This marks the Foundation's first capital deployment outside the Solana ecosystem, aiming to help stabilize the protocol and support recovery efforts. The move highlights proactive steps to manage risks and protect the network's financial health after the exploit. Further actions may follow as the situation develops.

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