CoinVoice has recently learned, according to Unchained reports, that as of last Sunday, Aave's net deposits reached a new high, surpassing the scale of thousands of commercial banks in the U.S. Last month, net deposits from cryptocurrency users increased by approximately $10.4 billion. The current total is about $31.4 billion, a 50% increase from $20.9 billion in early November.
According to data from the Federal Reserve as of September 30, Aave ranks 63rd among U.S. chartered commercial banks by consolidated assets, ahead of commercial banks and New York banks. [Original link]