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Aave Secures European Stablecoin Ramp Approval, Eyes Zero-Fee Transactions

Aave Secures European Stablecoin Ramp Approval

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

Decentralized finance giant Aave has achieved a significant milestone by securing regulatory approval under Europe's Markets in Crypto-Assets (MiCA) regulation. This authorization, granted by the Central Bank of Ireland to Aave's subsidiary, Push Virtual Assets Ireland Limited, will enable its Push service to offer regulated stablecoin ramps across the European Economic Area (EEA). The move is expected to significantly enhance accessibility to DeFi by bridging traditional fiat currencies with digital assets, including Aave's native stablecoin, GHO.

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