Trident co-founder Anthony DeMartino expressed to Blockworks that he believes the demand from users for the FRAXPYUSD liquidity pool yield will increase the borrowing rate of PYUSD on Aave, thereby incentivizing low-risk investors to deposit PYUSD into Aave.
"PayPal's Stablecoin PYUSD Joins Curve as the Third Largest Liquidity Pool, Aave Proposal Simultaneously Underway"