# Stani Kulechov I The Evolution of Crypto Wallets with Avara I Pragma Bangkok 2024

- Speakers: [Stani Kulechov](https://streameth.org/speakers/stani-kulechov)
- Channel: [ETHGlobal](https://streameth.org/ethglobal)
- Date: 2025-10-09
- Duration: 31:15
- Topics: Stani Kulechov, Aave, Family Wallet, DeFi, Stablecoins, GHO, Multi-chain, Ethereum Wallets, Aave V4, Pragma Bangkok, ETHGlobal, Avara
- Watch: https://streameth.org/watch/yt-lyUuAluwVTw
- YouTube: https://www.youtube.com/watch?v=lyUuAluwVTw

## Description

Explore the evolution of crypto wallets with Stani Kulechov, founder of Avara. In this Pragma Bangkok interview, Kartik Talwar (co-founder of ETHGlobal) discusses the origins of Family Wallet, its user-centric approach, and how it differentiates itself from traditional wallet designs.

Hear Stani’s insights on abstracting away gas, multichain adoption, and the role of stablecoins (including Aave’s GHO token) in driving global adoption. Learn how Aave V4 and Family’s unique UI/UX can unlock new consumer and DeFi experiences—and where Stani sees the future of Ethereum wallets heading next.

00:00 Kartik Talwar Introduces Stani (Avara Founder)
01:00 Why Avara Invested in Building Family
02:29 Story of the Family Team
03:55 The Value of Delightful Wallet UX
05:07 Onboarding New vs. Existing Users
06:26 Pocket & Zero-Knowledge Backup Keys
07:29 Infrastructure vs. Consumer Apps
08:10 Expanding Aave, Lens & Family
09:15 Opinionated Product Integration
10:40 Family’s “Last Mile” Approach
11:53 Quick Onboard Experience & Feedback
12:19 Stablecoins & Payment Use Cases
13:22 Why GHO (Aave’s Native Stablecoin)
15:06 GHO’s Borrower Demand & Defi Yield
16:18 Aave V4: Key Goals & Features
18:01 Risk Management & Liquidity Premiums
19:14 The Boom in Stablecoin Supply
20:00 In-Depth on GHO & Borrowing Rates
21:00 DeFi Applications & UI Ownership
22:44 Aave V4 Built in Public
23:24 Multi-Chain Vision & GHO
25:00 Chainlink CCIP & Bridge Liquidity
26:21 Does Liquidity Fragmentation Exist?
28:12 Wrapping Up Family’s Two-Year Build
29:18 Future of Family: DeFi & Non-Financial
30:32 Advice for Founders & Concluding Words

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🎤 *Pragma Bankgkok*
Pragma Bangkok 2024 closed out a year of exceptional Pragma events held around the world, and offered the global Web3 community a chance to hear from founders and builders as they reflect on the past, and look to the future of Web3.  Pragma Bangkok 2024 was held on November 14th at the Hyatt Regency Bangkok Sukhumvit in Bangkok, Thailand. Watch the full YouTube Playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh4JNkhnsv5F95OqxT_IjCEl&si=6Tv3CvB6vrQIIjBA

ETHGlobal's Pragma series, which began in Tokyo in the spring of 2023, has been fostering a curated, global community of individuals who deeply care about web3. You can learn more about Pragma and upcoming events in the series here: https://ethglobal.com/pragma

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✅ Follow Stani Kulechov
X: https://x.com/StaniKulechov

✅ Follow Avara
X: https://x.com/Avara
Website: https://avara.xyz

✅ Follow Kartik Talwar
X: https://x.com/therealkartik
Warpcast: https://warpcast.com/kartik

✅ Follow ETHGlobal
X: https://x.com/ETHGlobal​
Warpcast: https://warpcast.com/ethglobal
Website: https://ethglobal.com
YouTube: https://www.youtube.com/c/ETHGlobal

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Are you interested in Ethereum development and entrepreneurship?
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