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Aave Pauses Its $136 Million Bitcoin Market as Threshold Freezes Redemptions — and Its TVL Drops 7.8% in a Week
DeFi's biggest lender just showed, again, how one frozen link in the chain can pause an entire market Aave has suspended Bitcoin withdrawals in a market worth about $136 million after Threshold protocol, which supplies BTC liquidity to Aave, halted its redemption process. Borrowers in the affected market can still repay loans or provide alternative collateral, but the Bitcoin redemption route...
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