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 finance protocol, has quietly crossed a major milestone that even some banks would envy. The…


