Aave Labs acquires Stable Finance to enhance on-chain savings accessibility

Reported on October 23rd, Aave Labs, the DeFi project behind Aave, acquired Stable Finance, a San Francisco startup focused on simplifying on-chain savings. The transaction’s terms remain undisclosed, but significant talent, including founder Mario Baxter Cabrera, has joined Aave to help enhance consumer-oriented DeFi products.

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