Woofun AI reports that Aave founder Stani Kulechov has signaled acceptance of a 30% reserve requirement for systemic stablecoins, contingent upon central banks providing market-aligned interest rates on held assets. This position directly addresses the Bank of England's proposal to mandate central bank deposits to mitigate systemic risk.

The core of Kulechov's argument centers on economic viability, specifically whether passive deposit yields can offset the opportunity cost of capital immobilized under such regulatory frameworks. By demanding market rates, the proposal seeks to balance regulatory safety with the financial sustainability of stablecoin issuers.