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Stani Kulechov: Borrowers drive $40M growth on Aave V4 with lower rates
Stani Kulechov, founder and chief executive officer (CEO) at Avara, reports that borrowers are increasingly utilizing Aave V4 due to its competitive rates.
The borrowing activity has contributed to $40 million in growth on the platform.
Earlier this year, Kulechov announced that Whop became the first fintech to integrate DeFi Earn, enabling over 21 million businesses to earn yield on idle balances. He also reported that Bitwise was approved as an asset issuer on AAVE Horizon for the USCC fund. These moves reflect continued product development and adoption across Aave’s platform.
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