Stablecoin adoption could lead to DeFi growth, says Aave founder

When asked about DeFi becoming more of a buzzword in the near future, the Aave protocol founder expressed confidence in the space being around for a long time. He said:

“DeFi will be around for quite a long time because it solves one of the first problems that blockchain has been solving. And, it’s an infrastructure that’s going to be used in many applications.”

The founder highlighted that there are many new innovations in the space, even finding their way into even non-financial applications.