The Global Dollar Hub is now live on Aave V4. It's the first new Liquidity Hub since V4's launch, live on Ethereum and built for Global Dollar Network USDG-correlated assets. USDG is a stablecoin, fully backed and redeemable 1:1 for US dollars through Paxos. It powers Global Dollar Network, which spans 130+ enterprise partners including Kraken, OKX, and Mastercard.
About us
Aave Labs is the original author and key contributor of the Aave Protocol and a software technology company founded by Stani Kulechov. The team builds blockchain-based products that power decentralized finance, including the Aave Protocol, the Aave-native stablecoin GHO, and Horizon, an institutional platform for borrowing against tokenized real-world assets. Aave is DeFi’s largest and most trusted lending protocol, where users can earn, borrow, save, and swap alongside millions of others worldwide.
- Website
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http://aave.com
External link for Aave Labs
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- London, England
- Type
- Privately Held
- Specialties
- Blockchain, Ethereum, Fintech, Cryptocurrency, Smart Contracts, Finance, Technology, Payments, and DeFi
Locations
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Primary
Get directions
9 Pembridge Road
London, England W11 3JY, GB
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Get directions
32 Mercer St
New York, NY 10013, US
Employees at Aave Labs
Updates
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Aave Labs has participated in a joint position paper to the European Commission on the future of DeFi regulation under MiCA. The paper urges the Commission to regulate by function rather than architecture, drawing a clear line between actors that take custody or discretion over user assets and the developers, non-custodial wallets, and protocols that do not. With DeFi at roughly 4% of total crypto market cap, there is time for proportionate, evidence-based policy. We are calling for a developer protection framework, a risk-based supervisory approach, and the preservation of core features like self-custody and open-source development, so Europe can lead in onchain finance rather than push it offshore.
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mGLOBAL is live on the Aave Horizon RWA market. Issued by Midas, mGLOBAL tracks a strategy from Fasanara Capital, a $6B institutional asset manager with a 10+ year track record. Qualified institutions can use it as collateral to borrow stablecoins while keeping the underlying exposure. mGLOBAL gives exposure to Fasanara's Global Diversified Alternative Debt strategy built around short-duration, investment-grade asset-backed credit, repaid by trade receivables and invoices. It's grown from $0 to $39.5M in two months, tapping a $150B receivables market. Find it on Aave Horizon here: https://lnkd.in/gdaPW_Xf
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Today Plasma launched its new stablecoin neobank, Plasma One, built for saving, spending, and earning on a global scale. Plasma One includes an "Earn" feature that gives access to yield on your cash balance, powered by Aave. Learn more about Plasma One here: https://lnkd.in/g6N9KsTZ
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Aave Labs reposted this
🇺🇸 Last week the Congressional committee that writes the US tax code, the House Ways and Means Committee, turned its attention to crypto. The hearing was a welcome step toward the tax clarity US markets have lacked. 🇬🇧 The same shift is underway in the UK. Aave Labs submitted our response to the UK HM Revenue & Customs’ stablecoin tax consultation. UK tax rules still treat stablecoins as speculative assets (not as a form of payment), so a typical transaction that includes a stablecoin deposit, a six-month hold, and a redemption count as THREE separate taxable events, even though nothing about the underlying economic position has changed. Our comment letter asks HMRC to treat qualifying stablecoins as exempt assets under capital gains tax for individuals, bring stablecoin lending and borrowing fully within the loan relationship rules for companies, and align interest-like returns with actual interest treatment. The definition also has to reach beyond UK-issued coins. USDC and USDT dominate DeFi, and both are issued outside the UK. Any workable rule has to bring them into scope. Withholding tax is another issue. Reporting requirements already provide HMRC with the visibility they need, while a withholding obligation would be technically impossible for decentralized protocols to comply with. Decentralised protocols have no legal entity that can do the withholding, no visibility into user identity, and no way to remit funds to the HMRC. Tax treatment should follow economic reality, and rules need to work for decentralised systems. Many thanks to Christie Buck and Maria Riivari in helping to put our response together. For our full comment letter, see below:
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Aave Labs reposted this
Aave V4 crossed $50 million active borrows, up 140% over the past month.
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