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Stani Kulechov

Stani Kulechov is a pioneer in DeFi and Web3. He is dedicated to building resilient networks and user- friendly, high-quality products. As the founder and CEO of Avara, Kulechov oversees Aave Labs (developers of Aave and GHO, the Aave-native overcollateralized stablecoin), Lens, and Family, the mobile Ethereum wallet. Avara’s mission is to create a people-powered internet that benefits everyone.

The case for decentralized stablecoins

Stablecoins are booming in popularity, but they’re not all built the same. By not relying on potentially opaque issuers, decentralized stablecoins are showing that they have the resiliency, transparency and robust risk management to become the payment layer for the internet.