X @Token Terminal 📊

RT DeFi Andree (@DeFi_Andree)PayPal just stress tested DeFi distribution.PYUSD deposits on @aave went from 10m to 400m in Q4 2025.40x in one quarter.This is the clearest signal yet that DeFi is becoming a distribution layer for fintech balance sheets.In October, PayPal launched onchain incentives to match the 4% in app yield.Merkl routed the incentives so onchain holders weren’t donating yield.PayPal didn’t build a lending product. They plugged into Aave’s existing money market and scaled instantly.If PYUSD ...