$AAVE | Aave Labs has just launched an app in the Apple Store that promises a minimum yield of 5% per year on stablecoin deposits. The initiative aims to bring decentralized finance (DeFi) closer to the mainstream audience by offering a simple and secure experience, similar to a traditional digital account.
💳 The app allows deposits via card or bank account, converted into dollar-backed stablecoins and integrated into the Aave protocol, which already has more than US$ 30 billion in deposits.
According to the founder Stani Kulechov, the focus is on eliminating technical terms and ensuring security, noting that Aave has not suffered exploits in five years of operation and has independent audits.
The movement is happening in parallel with the advancement of giants like BlackRock, Stripe, and JPMorgan in the crypto sector, reinforcing the convergence between traditional finance and blockchain.
Team ThaiTraderOficial Writing.
