Aave adjusts the Ethereum USDT borrowing interest rate curve, with interest rates rising earlier during liquidity tightening.

On October 28, according to The Defiant, the floating borrowing rate curve for USDT on the Aave Ethereum market has been adjusted, meaning borrowing costs will rise earlier when liquidity in the pool tightens. Interest accrued on existing debt remains unchanged, and the new rate only affects the growth rate of the debt balance going forward.