AAVE Jumps 9% as Founder Slams EU Stablecoin Yield Rules
- —AAVE gained 9.32% to $183.24, with volume at $708 million, up 64.78%
- —Aave's TVL stood at $17.75 billion, market cap at $2.82 billion
- —Kulechov criticized ECB and EBA proposals to ban stablecoin yield
- —Aave Labs filed a 57-page response to the MiCA review on September 30
Why it matters: The MiCA outcome will shape European access to DeFi yield and the future of protocols like Aave in the EU market.
Source: The Crypto Times