Aave's Vice President of Engineering: Traditional financial institutions have significantly increased their acceptance of cryptocurrency in the past two years

Emilio Frangella, Vice President of Engineering at Aave Labs, stated at the 2024 SmartCon conference hosted by Chainlink under the roundtable discussion "Bridging Worlds: DeFi Meets TradFi", that in order to attract more users into the cryptocurrency field and allow people to use cryptocurrencies more freely, our goal is to reduce transaction costs and improve user experience.

In terms of technology usage, RWA will be an important first step. In addition, traditional financial institutions have significantly increased their acceptance of cryptocurrencies in recent years.