Crypto
Aave surpasses $1 trillion in cumulative loans, expands bank-fintech integration
DeFi lending protocol Aave has surpassed $1 trillion in cumulative lending, the first in the DeFi sector, Cointelegraph reported on Feb. 26. Aave Labs CEO Stani Kulechov said Aave has become a core part of the global financial system and will be the largest liquidity network connecting banks and fintech. Aave also launched Ethereum-based Aave Horizon to deepen traditional finance integration.