Aave Community Votes to Remove USDS from Collateral List

The Aave community has overwhelmingly approved a proposal to remove USDS (Stablecoin) as collateral for loans, citing the need to mitigate risk and improve financial stability. The decision, supported by nearly 100% of community members, will impact revenue streams while potentially enhancing Aave’s overall security. Experts highlight potential long-term implications, urging for increased transparency from the stablecoin ecosystem.