Aave Labs Acquires Stable Finance to Lead $300 Billion Stablecoin Market Expansion
Aave Labs, the developer behind one of the largest decentralized lending protocols, has acquired Stable Finance, a San Francisco-based fintech startup. The MOVE signals deeper consolidation in the $300 billion stablecoin sector as established DeFi players seek innovative startups to strengthen their position.
Stable Finance’s founder, Mario Baxter Cabrera, will join AAVE Labs as Director of Product, with the entire engineering team transitioning under the Aave umbrella. The integration aims to simplify user interaction with on-chain finance, making it more accessible for both institutions and retail participants.
The deal aligns with growing global interest in stablecoin-based savings and lending tools. Aave Labs has already managed over $300 million in deposits through its institutional-grade platform Horizon, launched in August 2025, positioning itself as a bridge between traditional and decentralized finance.
