Home Cryptocurrency Aave elbows US banks aside with record $50b in net deposits

Aave elbows US banks aside with record $50b in net deposits

Aave has surpassed $50 billion in crypto deposits, becoming the first DeFi protocol to rival mid-sized U.S. banks in scale. When it comes to finance, banks have long held the top spots for managing people’s money. Yet Aave, a decentralized…

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