EXCLUSIVE: AAVE Launches Stable Vaults w/ Stani Kulechov

Summary

Host Gareth Jeninson runs through crypto headlines including Swift's blockchain pilot, Sony's stablecoin plans, and Paradigm's new $1.2B fund, then interviews Stani Kulechov about Aave's new Stable Vaults product. Kulechov explains how Stable Vaults abstract DeFi yield strategies for fintechs and consumers, and they discuss Aave V4 migration, Ethereum governance, and AI in development.

• Swift launches blockchain-based shared ledger with 17 banks for tokenized deposit payments.
• Sony Bank gains conditional US approval to issue a dollar stablecoin via a new trust.
• Paradigm closes $1.2B fund expanding into AI, robotics, and frontier tech alongside crypto.
• Aave announces Stable Vaults, a product that packages DeFi yield into predictable rates for fintechs.
• Stani Kulechov updates on Aave V4 growth, new deployments on Avalanche and Arbitrum ecosystems.
• Kulechov says DeFi exploits mostly stem from key compromises, not protocol flaws, and AI helps code review.
• He welcomes Ethereum's institutional diversity and endorses Vitalik's 'lean Ethereum' philosophy.
• Kulechov personally uses AI heavily for coding and sees AI as net positive for the space.