Aave Crosses $1 Trillion In Loans — No Bank Required

It started as an idea. Now it processes more lending volume than most people will ever see in a lifetime. Aave, the decentralized finance protocol that lets users borrow and deposit crypto without going through a traditional bank, has crossed $1 trillion in total cumulative lending — a milestone that has never been reached by any other protocol in the DeFi industry. Related Reading: Is Bitcoin The Poor Man’s Hedge Against Inflation? Coinbase CEO Thinks So From A 2017 Startup To A Trillion-Dollar Lending Machine Aave was not always called Aave source: https://www.newsbtc.com/altcoin/aave-crosses-1-trillion-in-loans-no-bank-required/