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[Safe's DeFi Net Assets Reach $12.4 Billion at the End of Q3] Safe, a smart account platform, released its Q3 data. As of the end of the quarter, of the $57.64 billion in assets held in Safe's smart accounts, the net value of DeFi protocol positions was $12.4 billion, after deducting $2.37 billion in borrowing. This marks the first time Safe has included DeFi positions in its asset statistics. The total account assets increased from $27.24 billion at the end of Q2, with a 66% increase in ETH being one of the reasons for the growth. At the end of Q3, Safe's stablecoin balance increased by 15% to $7.48 billion, and the quarterly transaction volume reached $44.75 billion, a 13.7% increase quarter-over-quarter. (Source: The Defiant)

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