The annual percentage yield (APY) for USDT lending on Aave has surged to 16.01%, marking its highest level in six months. This spike in borrowing demand mirrors the conditions seen last December when Bitcoin reached its all-time high. Concurrently, Tether has issued an additional 1 billion USDT, and Binance's USDT savings rate has increased to 4%, indicating a renewed influx of leveraged capital into the market.