Aave Labs is expanding its consumer ecosystem with the acquisition of Stable Finance, a San Francisco based fintech company focused on simplifying stablecoin savings.
This move brings Stable Finance founder Mario Baxter Cabrera on board as Director of Product at Aave Labs, along with the full engineering team, to accelerate development of accessible onchain finance products for everyday users.
Aave Labs has long set the standard for decentralized finance through resilient and scalable infrastructure, powering billions in transactions globally. By integrating Stable’s technology and consumer insights, Aave Labs aims to broaden access to low volatility, onchain yield and intuitive financial tools that help people earn, borrow, and save with confidence.
Mac Venture Capital is proud to back Aave Labs as they continue shaping a more open and consumer focused financial future.
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