Keynote: The Future of Stablecoin Lending with Aave V4

"V4 separates liquidity provisioning from borrowing to make it composable." - Emilio Frangella, VP of Smart Contracts, Aave Aave V4 is the biggest shift in stablecoin lending since the protocol’s inception. With new modules for borrowing from safes, unlocking DEX LP capital, and redistributing stablecoin yield, it’s built for the next era of capital efficiency. This keynote walks through how V4 enables composable borrowing strategies, seamless TradFi-DeFi transitions, and a smarter way to optimize idle liquidity—plus why this redesign sets a new benchmark for DeFi protocols. --- 00:01 Intro to Aave and the Early Days 00:46 Stablecoins in the Pre-USDC Era 01:24 Aave’s Evolution from V1 to V3 02:42 Why V4 Is a Big Shift 03:26 Stablecoin Growth and RWAs 04:02 Arbitraging Rates Between DeFi and TradFi 04:40 Unlocking Capital in Idle Liquidity 05:18 Why DEX LP Collateral Matters 06:21 Welcoming a Wave of New Stablecoins 07:02 Borrowing from Safes via Plug-in Modules 08:10 Liquidity Hubs and Modular Borrowing Engines 08:48 Capital Efficiency in DEX LPs 09:24 Native Reinvestment for Idle Funds 10:01 Facilitating RWA Collateralization 10:39 Better Transitions Between RWA and ETH 11:13 Redistributing Yield via Staked Stablecoins 11:53 Final Thoughts on V4 and Future of DeFi --- Explore Upcoming Events 👇 ➣ Stable Summit III: Devconnect • Website: https://www.stablesummit.xyz/ • Email: info@stablesummit.xyz • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/devconnect2025?typeform-source=www.stablesummit.xyz ➣ Stablecoin Summit: Singapore by XREX & Unitas • Website: https://stablecoinsummit.com/ • Email: team@stablecoinssummit.com • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/stblcoin3?typeform-source=stablecoinsummit.com ➣ Blockchain Oracle Summit: Devconnect • Website: https://blockchainoraclesummit.io/ • Email: info@partyactionpeople.com • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/BOS25apply ➣ Listen to the Stable School Podcast Link: https://stableschool.org/podcast ➣ Follow Stable Summit on X Link: https://x.com/stable_summit — About: By Stake Capital Group and Party Action People, and presented by Curve Finance, Stable Summit has been gathering leaders in stablecoins almost quarterly since 2023. Our content is curated through hours of one-on-one research with the leading minds in the stablecoin space. Each program is a highlight reel of what leaders in stables are curious about in real time. Our audience consistently features the full spectrum of the stablecoin ecosystem, from DeFi protocols to institutions, from stablecoin issuers to central banks, and every llama in between.