A proposal from Gauntlet recommends a temporary halt in the borrowing markets for USDC, USDS, and USDT on the Ethereum blockchain. This suggestion aims to address potential risks associated with these stablecoin markets. The proposal highlights concerns over the stability and security of borrowing activities involving these assets. Stakeholders are encouraged to consider the implications of such a pause on market dynamics and liquidity. Further discussions may be necessary to assess the potential impacts on users and the broader Ethereum ecosystem.
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