Aave's total loans surpass $1 trillion, marking the first in the DeFi industry

AAVE-4,81%

PANews, February 26 — The total historical loan amount across the entire Aave decentralized lending protocol has surpassed $1 trillion, making it the first protocol in the DeFi space to reach this scale.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Resolv Burns 46M USR After $80M Exploit, Wipes Out Illicit Supply in Major Recovery Push

Key Takeaways: Resolv burned and put about 46 million USR (57%) of illegal supply to its blacklist There is no hacker-related wallet which can transfer or swap USR One of the measures is to upgrade contracts with coordination efforts to restrict impacts of the exploitation After the recent

CryptoNinjas5m ago

Tether thuê KPMG thực hiện cuộc kiểm toán USDT toàn diện đầu tiên

Tether has hired KPMG for its first comprehensive audit of USDT's financial reports and is collaborating with PwC to enhance internal systems. This follows years of periodic reserve reports from BDO Italia, aiming for major fundraising and expansion in the U.S. under new legal frameworks. USDT, the largest stablecoin, has a circulating supply of about $185 billion.

TapChiBitcoin6m ago

Ripple’s XRP Crashes 7% Weekly While New Crypto Project GCOIN by PlayNance Gains Momentum

The cryptocurrency market has lost more than $200 billion in total capitalization over the past few days. This comes on the back of a 7% drop in Bitcoin’s price, which also dragged down most altcoins. Ripple’s XRP is no exception. XRP Price Shaky Amid Global

CryptoPotato1h ago

Does USDT have sufficient reserves? Tether reportedly hired KPMG for a comprehensive audit.

Tether hired KPMG to carry out a comprehensive audit of USDT, and worked with PwC to optimize its financial processes—an important step in improving financial transparency. This move comes as the company prepares to enter the U.S. market and for a new round of fundraising. Despite the many past questions about its reserves, Tether still plans to raise funds from the market and has shifted toward allocating more of its investments to short-term U.S. Treasuries.

区块客1h ago

New Stablecoin on XRP Ledger? Ripple Exec Shares Payment Update - U.Today

Ripple Labs is testing a stablecoin payment system on the XRP Ledger, signaling potential real-world adoption and increasing cross-border payment activity. This test aligns with XRPL upgrades and aims to enhance security using AI, with the goal of boosting institutional confidence and expanding market presence as Ripple pursues retail solutions in finance.

UToday2h ago
Comment
0/400
No comments