Aave has announced that its V4 platform has successfully crossed $175 million in deposits. This milestone, shared via a tweet, highlights the …
Deposits
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Analysis
AAVE Price Surges 15% as V4 Deposits Climb and Stablecoin Demand Rebounds
by shayaanby shayaanThe AAVE price is back on traders’ radar after rallying 15% intraday, bouncing from the long-standing $60 demand zone to trade around …
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TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserve, …
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An anonymous cryptocurrency whale has made a significant move in the decentralized finance (DeFi) space, purchasing $1 million worth of $AAVE tokens. …
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Regulation
Bank Lobbyists Strike Out Against Clarity Act, Say Bill Would Risk ‘Flight of Bank Deposits’ Into Payment Stablecoins
by shayaanby shayaanThe American Bankers Association (ABA) is pressing for big changes to the Clarity Act, claiming the crypto market structure bill could put …
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Aave’s deposits on MegaETH crossed $575 million on Friday as capital continued flowing into the Ethereum Layer 2 network a day after …
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Babylon Foundation has announced a $3 million $USDT deposit into Aave, as a support to current recovery efforts across the DeFi ecosystem. …
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Finance
Why Tokenized Deposits Are Becoming the Institutional Standard for On-Chain Cash
by shayaanby shayaanAs HSBC, Lloyds, and JPMorgan all commit to tokenized deposits on the Canton Network, Digital Asset Chief Product Officer Bernhard Elsner explains …
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The United Kingdom is revisiting its payments rulebook to support the adoption of new fintech and payment technologies such as stablecoins and …
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Regulation
Bankers rebuff White House claim that stablecoin yield doesn’t threaten deposits
by shayaanby shayaanThe crypto industry’s chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up on a …