I just checked out AAVE for the first time in years just to see the carnage. They are offering people 98% APY on their USDT! That is a HUGE red flag. This is going to be fucking epic I can not wait! Meanwhile USDCs rate is less than 1%! Saw people bragging they got 12% discounts on their loans. Seem they switched them over to USDT.
What is going to be funny is how Washington reacts. Wont bensurprised if they attack Tether and support Circle.
Time to watch the world burn