Aave V4 Arc market sees $76 million in USDC deposits with minimal borrowing

Aave V4 launched on the Arc Layer-1 network on September 16, quickly attracting approximately $76 million in USDC deposits. However, borrowing activity remained extremely low at less than $100,000, resulting in a utilization rate of about 0.1%. LlamaRisk has proposed increasing the USDC add cap for the Arc Main Spoke from 56 million to 150 million tokens following the rapid influx of liquidity.