Tagged: stani kulechov

Billion Dollar DeFi Protocol Aave Awarded Electronic Money Institution License by the UK’s Financial Conduct Authority

The Aave protocol, an open-source and non-custodial DeFi protocol to earn interest on digital asset deposits while also being able to borrow assets, has been awarded an Electronic Money Institution (EMI) license by the UK’s financial regulator, the Financial Conduct Authority (FCA). Aave Ltd received… Read More

Tether and Aave Protocol Report Significant Increase in USDT Demand, Due to Growing Interest in DeFi

Tether, the blockchain-powered platform that’s used to power the largest stablecoin by market cap, and Aave Protocol, an open-source and non-custodial money market protocol, have reported a significant increase in demand for Tether (USDT). They claim that the surge in demand for USDT may be… Read More

Tether Teams Up with Aave Protocol to Promote Wider Adoption of USDT, World’s Largest Stablecoin

Tether Ltd., a blockchain-powered platform that powers USDT, the world’s largest stablecoin by market cap, and Aave Protocol, an open-source and non-custodial protocol, are working cooperatively in order to promote the wider adoption of USDT in the evolving decentralized finance (DeFi) industry. USDT is used… Read More

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