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ECB looking at another interest rate cut on 5 June dropping all savings account rates while EURC earns 3% on @aave base market. Smart money is on Aave.
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When you borrow against a house today, you're likely to pay around 7% interest in USD. When you borrow against your crypto on Aave, the interest is closer to 5% in stablecoins. Crypto and RWA collateral + DeFi + stablecoins = a winning combination.
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The Ethereum Foundation is now borrowing GHO, a decentralized stablecoin backed by Aave. The EF is not only supplying ETH to Aave, but also borrowing from Aave. The full DeFi circle.
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DeFi will win.
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SoFi: $36B AUM, business managed by a corporate board. Aave: $42B net deposits, infrastructure governed by a DAO. Let that sink in.
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Senaste nytt
U.S. Stock Market Opens with Slight Gains as Cryptocurrency Stocks Decline
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Australia Imposes Limits on Crypto ATM Transactions to Combat Elderly Fraud
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Moscow Exchange to Launch Bitcoin Futures for Qualified Investors in June 2025
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Circle's IPO Oversubscribed by Over 25 Times
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MicroCloud Hologram Inc. Invests $200 Million in Cryptocurrency Securities
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