Aave Labs' UK subsidiaries, Push Labs Limited and Push Virtual Assets Limited, have secured registration with the UK's Financial Conduct Authority (FCA) as cryptoasset exchange providers. This allows them to offer regulated crypto services, including zero-fee stablecoin on- and off-ramping, under UK anti-money laundering laws. The move complements their existing Electronic Money Institution authorization, positioning them to bridge DeFi and traditional finance with regulated, fee-free crypto services. This regulatory approval also enhances their potential to partner with traditional financial institutions in the UK. Following similar approval in Ireland, Aave Labs now covers major European regulatory jurisdictions, expanding their reach across the UK and European Economic Area.
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Monad has increased its weekly incentives to $75,000 to support liquidity for Agora's AUSD stablecoin on its blockchain. AUSD is a US dollar-backed stablecoin managed by VanEck, with reserves in cash and US Treasury bills. This move follows Monad's r...
Aave has deployed its V4 lending protocol on Avalanche, marking its first expansion outside Ethereum. This launch focuses on institutional lending backed by tokenized real-world assets, using a new Hub and Spoke architecture to enable specialized cre...
Aave V4 has launched on Avalanche, marking its first expansion beyond Ethereum and introducing specialized lending markets for tokenized real-world assets like US Treasuries and corporate bonds. This new Hub-and-Spoke architecture allows institutions...
Aave founder Stani Kulechov announced the deployment of Aave V4 on Avalanche, supported by a $15 million incentive package to boost tokenized real-world asset (RWA) growth. The new V4 architecture isolates risk across separate liquidity hubs, enablin...
