Aave becomes the first RWA lending agreement to surpass $1 billion in deposits.

PANews reported on February 20th that, according to official data, the decentralized lending protocol Aave has become the first lending protocol to surpass $1 billion in real-world asset (RWA) deposits, marking a further acceleration in the integration of on-chain finance with traditional assets. The RWA sector has experienced rapid growth in recent years, with continuous inflows of institutional funds driving the expansion of on-chain government bonds, credit assets, and other products, reflecting the increasing market demand for compliant on-chain assets and yield-generating products.

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