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TechFlow, July 14 — According to The Block, the net deposit volume of decentralized finance lending protocol Aave has surpassed $50 billion, making it the first DeFi lending protocol to reach this milestone. Aave founder Stani Kulechov stated that traditional finance and fintech companies are increasingly adopting Aave as lending infrastructure.
According to The Block, the decentralized finance lending protocol Aave has surpassed $50 billion in net deposits, becoming the first DeFi lending protocol to reach this milestone. Aave founder Stani Kulechov said traditional financial and fintech companies are increasingly adopting Aave as lending infrastructure.
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