The Big Tech Show Stablecoins will be bigger than crypto, says Aave founder Stani Kulechov
Nov 13, 2025
Stani Kulechov, the Finnish entrepreneur and founder of Aave, dives into the world of stablecoins and their pivotal role in decentralized finance. He outlines how stablecoins, backed by traditional currencies, are crucial for on-chain transactions. Stani highlights the growth potential of the stablecoin market, estimated at $300 billion, and explains the importance of the PUSH bridge for converting fiat to crypto. He also discusses the regulatory clarity provided by Aave's EU MICAR license, which promises to enhance user experience while ensuring safety and compliance.
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Aave’s Core Value Proposition
- Aave lets users earn interest by lending stablecoins that are lent out against collateral.
- The blockchain adds transparency and efficiency to this lending model.
What Stablecoins Actually Are
- Stablecoins are fiat currencies represented on blockchains and backed by issuers.
- They mirror underlying euros or dollars but exist in a blockchain-native format.
Use PUSH To Bridge Fiat And Crypto
- Use PUSH to convert traditional bank money into equivalent stablecoins after KYC.
- Then access blockchain applications and services with those stablecoins.