Aave Freezes Stablecoin Trading and Sets LTV to Zero Amidst Pr | Coinseek

Aave Freezes Stablecoin Trading and Sets LTV to Zero Amidst Price Volatility

In response to the recent price volatility on stablecoins, Aave has announced the freezing of stablecoins trading and set the Loan-to-Value (LTV) ratio to zero. This move follows an analysis from DeFi’s risk manager company Gauntlet, which recommended that all V2 and V3 markets be temporarily paused. The trading freeze is expected to help prevent insolvencies, which are projected to reach around 550k at current prices.

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