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Stani Kulechov, founder and chief executive officer at Avara, announced plans for Aave to onboard OUSD.
Developed by OpenStandard and already used by Stripe, Mastercard, Visa and other partners, OUSD is expected to play a significant role in Aave's growth.
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Kulechov previously reported that EIP-8363, a proposal to slash Ethereum yield, was rejected from the Hegotá fork. He also described the CLARITY Act as a potential breakthrough for banks offering crypto services in the U.S.. These developments mark recent areas of focus for Kulechov in DeFi and regulatory policy.