They All Pay The Same Today. That Is Not What You Are Choosing.
A company deciding where to park its stablecoin cash is shown a single number by every option on the list, and right now those numbers are 3.44%, 3.60%, 3.60%, 3.62% and 3.75%. The entire menu sits inside thirty-one hundredths of a percentage point, which on four million dollars is twelve thousand four hundred dollars a year. We read Aave's own published rate at 1,464 points across the last year, six hours apart, and the same money inside that one venue ranged from 1.56% to 12.60%, sat below 4% for 306 days, and paid 1.67% for a stretch of the spring. Of the $2.4 billion in that market today, $307,364,990 has not moved once in 366 days. The venue decision is worth thousands. The decision nobody makes, over and over, after the venue is chosen, is worth five times that. Plug is how a treasury signs a rule once instead of a number.
381e35 9/8/2026#aave#treasury#stablecoins#plugs