Aave V4 Equities Hub Enables USDC Borrowing Against Tokenized Stocks
Aave V4 has launched an Equities Hub on the Base network, allowing eligible non-U.S. users to use Coinbase-issued tokenized U.S. stocks as collateral to borrow USDC. The initial supported assets include shares of Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla. These tokens represent certificates linked to actual shares held in custody by Alpaca Securities. The protocol utilizes Chainlink price feeds, which align with extended U.S. equity market hours, to value the collateral.
Summaries are written by AI from the original article. Not investment advice.