Circle Adds Aave to Bitcoin-Backed Borrowing in Mint
- —Circle added Aave as a new protocol for BTC-backed loans in Mint
- —The service previously relied solely on Morpho
- —Borrowers remain exposed to liquidation under third-party protocol rules
Why it matters: Adding a second protocol reduces reliance on Morpho and intensifies competition in BTC-backed lending.
Source: The Defiant