TLDR Crypto · MISCELLANEOUS

AAVE NOW COMPARABLE TO 37TH-LARGEST U.S. BANK BY ASSETS

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Summary from the TLDR Crypto newsletter

Aave's $71.15B in assets would rank it as the 37th-largest U.S. bank, just behind UMB and ahead of Old National Bank. Unlike banks, Aave is an open DeFi protocol with no branches, offering non-Fed–correlated yield that any financial institution can plug into.