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Solana Foundation Chair Says USDT Loan to Aave Supports DeFi Stability
Solana Foundation Chair Lily Liu says a USDT loan to Aave supports DeFi stability as AAVE prepares to come to Solana.
Solana Foundation Chair Lily Liu said the foundation is lending USDT to Aave to support DeFi stability during a recovery effort.
The move extends Solana’s treasury activity beyond its own network. Liu also said the AAVE token will come to Solana this weekend, adding another cross-chain link.
Solana Foundation Moves USDT Into Aave
Liu said the Solana Foundation is lending USDT into Aave for the first time. She said the step supports Aave’s recovery effort and wider DeFi stability.
The statement came through a post on X. Aave is a major DeFi lending platform used across several blockchain markets.
The Solana Foundation has usually focused treasury support on Solana-based projects. This move shows support for a protocol outside Solana’s main ecosystem.
Liu said the foundation uses its treasury to support Solana’s economy. She wrote, “We use our treasury to support the growth of the Solana economy.”
She added, “That is, definitionally, DeFi.” She also said Solana does not stand apart from the wider market.
According to Liu, “For Solana to be healthy, all of DeFi has to be healthy.” That statement framed the loan as support for shared market stability.
Liu Says DeFi Health Needs Wider Support
The Solana Foundation has deployed treasury funds into Solana DeFi for many years.
Liu pointed to that record while explaining the Aave loan. She also mentioned earlier support linked to Drift.
Drift is a Solana-based trading platform. Liu said the foundation supported Tether’s recovery plan for Drift.
The Aave loan follows that earlier treasury action during a recovery period.
Liu said competition remains part of the crypto market. However, she also said DeFi projects share a wider goal.
She wrote, “We like competition. We compete hard.”
She then added, “But if we zoom out, we’re all pushing toward open finance and open systems.”
Her comments presented the loan as a practical step, not a change in competition. The focus remained on market support during stress.
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AAVE Token Set to Come to Solana
Liu also said the AAVE token will come to Solana this weekend. AAVE is the governance token linked to the Aave protocol.
Its arrival would give Solana users access through the Solana network.
The move connects the USDT loan with a wider cross-chain plan. It may also give users more choices for trading and holding AAVE.
Liu did not provide further technical details in the post. Cross-chain asset movement remains a core issue for DeFi users.
Many users still face costs and risks when moving funds between networks. More direct token access can help reduce those barriers.
Liu closed her post with “DeFi United.” The phrase matched her message about shared support across blockchain networks.
The Solana Foundation’s USDT loan to Aave now adds another example of treasury support during DeFi recovery.