LENDING AND STABLECOINS

Summary from the TLDR Crypto newsletter

Stablecoin issuers and lending protocols have a symbiotic relationship that has been increasingly closer aligned. Stablecoin issuers like MakerDAO are lending protocols through their collateralization, and lending protocols like Aave are arguably a specific type of stablecoin issuer. The specialization of lending protocols has changed the market structure, and stablecoin lenders will become the primary users of lending platforms.