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The Clarity Act failed its Senate vote. Stani Kulechov, founder of Aave, told The Starting Block he sees an "Uber path" for DeFi if U.S. crypto legislation stays stalled.
The reference is specific: Uber scaled its network city by city while regulatory frameworks lagged behind adoption. Kulechov's reading of the Senate outcome is forward-looking.
His argument, as he gave it to The Starting Block, is that DeFi can grow through a period of legislative stall.
crypto law stays frozen, his view is that the sector can trace the arc Uber traced, building adoption ahead of the regulatory frameworks that arrived later.
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