Aave Labs is launching zero-fee on and off-ramping for @GHO and other stablecoins in Europe across Aave's various products. Cash to DeFi will soon be a frictionless experience across the Aave ecosystem.

This is made possible by our subsidiary, Push, receiving Crypto-Asset Service Provider (CASP) authorization under MiCAR from the Central Bank of Ireland. It also makes Aave Labs one of the first DeFi innovators in Europe to operate under this new framework.

The Aave Protocol remains decentralized and permissionless, operating globally on public blockchains. The MiCAR authorization applies only to Aave Labs’ regulated service offering provided by Push for zero-free stablecoin on-and-off ramping.