Latest / The Paul Barron Crypto Show
Ethereum Demand Skyrockets on Aave!🚨Banks Incoming!🔥Stani Kulechov INTERVIEW
Wall Street giants Goldman Sachs and BNY are preparing to offer institutional investors access to tokenized money market funds, which could unlock real-time settlement, 24/7 market access and more efficiencies across capital markets. Decentralised finance whales have pulled a whopping $1.7 billion worth of Ethereum from lending protocol Aave over the past week. As a result, available liquidity has shrunk and temporarily sent the interest rate the protocol charges borrowers to more than 10%.
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The skinny
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