$AAVE is now holding 5% of ALL circulating stablecoins! That's larger than the entire CeFi lending sector... 🚀 https://t.co/SFAd5WdC7m
👻💳 @aave has ~65% market share on @ethereum https://t.co/GUDW8hKfEY
Did you realize AAVE alone now holds 5% of stablecoins? Yep, that's more than all CeFi lenders combined. The shift isn't coming, it’s already here. https://t.co/5in2WFpuZe
Decentralized lending platform Aave has become the single-largest holder of stablecoins, with deposits equivalent to about 5% of the entire circulating supply, according to blockchain data cited by several analytics providers on 4 July. The figure eclipses the combined share held by centralized crypto-lending firms, underscoring how quickly market activity is moving from traditional custodial services to smart-contract-based protocols. Token Terminal data show Aave controls roughly 65% of the lending market on the Ethereum network, far ahead of competing decentralized finance applications. The shift is also reflected in network economics: transfers and related activity involving stablecoins now generate roughly 30% of all transaction fees paid on Ethereum. The milestone highlights both investor preference for on-chain risk management after a series of high-profile CeFi failures and the growing role of dollar-pegged tokens as the medium of exchange within crypto trading and payments. Analysts say the concentration of stablecoin liquidity on Aave could give the platform greater influence over short-term funding costs across the broader digital-asset market.