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Circle Intervenes as Aave USDC Liquidity Reaches Total Exhaustion
The USDC liquidity pool on Aave V3 Ethereum Core has reached a state of total exhaustion, with utilisation pinned at 99.87 percent for four consecutive days. Following the KelpDAO exploit on 18 April, the pool has effectively ceased to function as a liquid market. Currently, 1.89 billion dollars in
