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Aave Loan Volume Surpasses $1.1 Trillion, Stani Kulechov Says

Aave founder Stani Kulechov said the protocol has processed more than $1.1 trillion in cumulative loan volume. According to ChainCatcher, he added that traditional finance relies on back-office teams, settlement departments, intermediaries, and legal agreements, while Aave coordinates lending through code and should handle more borrowing activity onchain.
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