Aave Labs is reporting that it will soon roll out regulated on and off-ramping for its native stablecoin GHO and other stablecoins integrated into Aave Labs products across the European Economic Area via its service, called Push.
This service is made possible by Push Virtual Assets Ireland Limited, a subsidiary of Aave Labs, which has reportedly secured Crypto-Asset Service Provider (CASP) authorization under the European Union’s Markets in Crypto-Assets regulation (MiCA) from the Central Bank of Ireland.
The authorization makes Aave Labs one of the first DeFi platforms in Europe to operate under this updated regulatory framework.
With MiCA authorization, Push by Aave Labs is now able to provide regulated, secure on and off-ramping of Aave’s native stablecoin, GHO, alongside other stablecoins with no fees. This allows users to move “between euros and digital assets under a new standard for consumer protection and transparency.”
The authorization comes as stablecoins and tokenized digital assets continue to gain mainstream traction, with global stablecoin supply “exceeding $300 billion in 2025. 10s of billions of these stablecoins are used on Aave today.”
Aave Labs chose Ireland to anchor its EEA operations and to “build compliant, regulated pathways that connect users to DeFi transparently.”
Ireland’s regulatory role under MiCAR reinforces its “position as a key hub for transparent digital finance across the EEA.”
As clarified in the update, the Aave Protocol reportedly remains decentralized and permissionless, now said to be “operating globally on public blockchains.”
As explained in the announcement, the MiCAR authorization applies only to Aave Labs’ so-called “regulated service offering provided by Push for fee-free stablecoin on-and-off ramping.”
As covered late last month, Aave Labs had reported that it acquired Stable Finance, a San Francisco-based fintech company. This acquisition will help Aave Labs develop more consumer-focused products for decentralized finance (DeFi).
