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Safe Reports $12.4 Billion in Smart-Account Assets Deployed in DeFi

(2 hours ago) · 1 source · Summarized by CryptoBipto

Safe, the smart-account infrastructure provider, has stated that $12.4 billion worth of assets held in its smart accounts are currently deployed in decentralized finance protocols. The figure highlights the growing use of smart-account wallets for interacting with DeFi applications.

WHY IT MATTERS

Think of a smart account like a bank vault that requires multiple keys to open, rather than just one.

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SOURCES

  • thedefiant.io

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DeFiSmart AccountsSafeInstitutional AdoptionWallet Infrastructure