AAVE’s Impact: Could This Decentralized Finance Platform Be a Major US Bank?

Social media executive Marc Shawn Brown, the social media director for Cointelegraph, highlighted AAVE’s potential in the financial sector on Twitter. In his tweet, he suggested that if AAVE were a traditional bank, it would rank as the 38th largest bank in the United States based on its current Total Value Locked (TVL) of $69 billion. This substantial TVL reflects the growing influence of blockchain technology in revolutionizing financial institutions.