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🪁 Aave introduces a new mobile application



📈 As announced by Aave Labs, users can fund their accounts by depositing euros and dollars or by linking their debit cards, while the system converts their funds into stablecoins.

Aave promises an annual yield on stablecoins that exceeds the yield of U.S. Treasury bills.

➡️ The app is available to Apple iOS users and protects user balances up to $1 million, which exceeds the protection of $250 000 offered by the Federal Deposit Insurance Corporation for bank accounts in the USA.
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