Fintech founder Stani Kulechov is trialling his firm’s newest financial product here
Estonian-born Finn Stani Kulechov founded Aave in 2017 and the company is now valued at $2.7bn. Photo: Bloomberg
According to the European Central Bank, so-called ‘stablecoins’ will grow in value from €200bn in 2025 to almost €2tn by the end of 2028.
Stani Kulechov, founder of the world’s largest decentralised finance (DeFi) lending network, Aave, thinks that’s just a precursor.