Aave founder Stani Kulechov says the Bank of England's 30% non-yielding reserve rule makes UK stablecoin issuance uneconomical and risks…
Aave founder Stani Kulechov says the Bank of England's 30% non-yielding reserve rule makes UK stablecoin issuance uneconomical and risks driving firms offshore - 𝕏/@StaniKulechov 🏷️ Aave, Stablecoins, UK 🕵️ @Danicjade
The excerpt is quoted from a public Telegram channel, which owns its text.