Aave iOS App Enters Early Access; Android and Web Users Remain on Waitlist

ChainCatcher reports that Aave began opening its iOS mobile app to early users on Wednesday, advancing its consumer savings product to an early access phase, while Android and web users remain on a waitlist. Aave founder Stani Kulechov stated that the Ghost Pass allows users to invite friends to bypass the waitlist. Positioned as a savings app, it supports bank account and stablecoin deposits, enabling users to connect their bank accounts and debit cards; the stablecoin wallet supports deposits and withdrawals on Arbitrum. Funds deposited generate yield through open lending markets, as assets are supplied to lending pools and interest paid by borrowers flows to depositors. In July, Aave Labs reported approximately 50,000 registered users on the iOS waitlist. Aave describes the app as self-custodial, despite featuring login and recovery functionalities similar to fintech applications. The app’s terms state that the embedded wallet generates and stores private keys locally; Aave Labs does not hold users’ assets or keys, and utilizes smart account abstraction for wallet setup and gas management. This launch follows Aave’s acquisition of Stable Finance in October 2025, as part of its expansion into retail distribution; Stable Vaults now provides the savings layer for the Aave app and is open to fintech companies seeking to embed stablecoin yields.