Aave is onboarding structured-yield tokens backed by real-world assets onto its lending protocol by teaming up with Maple.
As institutional appetite for DeFi grows, major players are making moves. On Tuesday, October 21, on-chain asset manager Maple and decentralized lending protocol Aave partnered to bridge the gap between institutional capital and on-chain liquidity.
Notably, Maple will bring yield-bearing assets to Aave, including its yield-bearing stablecoin syrupUSDT. According to the two companies, these “institutional-grade” assets will boost Aave’s liquidity and bring in institutional capital. In addition, the partnership will also allow Aave to access Maple’s network of borrowers.
The partnership will kick off with the launch of Maple’s yield-bearing stablecoin syrupUSDT on Aave’s Plasma instance. Shortly thereafter, syrupUSDC will launch on Aave’s core market. The two firms stated that more of Maple’s assets will follow.
syrupUSDC and syrupUSDT are tokenized yield-bearing products backed by institutional loans managed by Maple. According to the firm, these overcollateralized assets open up institutional lending opportunities to a broader range of market participants.
Powell told crypto.news that the partnership “strengthens the core infrastructure of DeFi.” He also stated that it shows how “mature protocols can work together to drive sustainable growth for the entire ecosystem.”


