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Aave CEO Stani Confirms Plans to Relaunch ETHLend in 2026

Aave founder Stani Kulechov recalls ETHLend’s 2018 use of native BTC collateral and commits to reviving the peer-to-peer lending platform in 2026.

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Summary

According to an official statement, Aave founder and CEO Stani Kulechov noted that in 2018 Bitcoin collateral on ETHLend was genuine BTC without wrapping. He reaffirmed plans to relaunch ETHLend in 2026, restoring the original peer-to-peer lending model that preceded Aave’s 2018 rebrand.

Terms & Concepts
  • Bitcoin collateral: Bitcoin used as pledged asset to secure loans in crypto lending systems.
  • ETHLend: A decentralized lending application, predecessor to Aave, offering peer-to-peer cryptocurrency loans.
  • Wrapped Bitcoin: A tokenized version of Bitcoin on another blockchain, usually backed 1:1 by actual Bitcoin.