Aave has submitted a tax opinion to HM Revenue & Customs (HMRC), the UK tax authority, covering cryptocurrency-backed lending and stablecoins, founder Stani Kulechov said. Kulechov also called for stablecoins—crypto tokens designed to maintain a stable value—to qualify as assets for Individual Savings Accounts (ISAs), under a new approach. If adopted, the proposal could allow millions of UK ISA holders who lend stablecoins to benefit from tax advantages in the future.