Aave Launches Equities Hub on Base, Enabling USDC Loans Against Tokenized Stocks
Aave V4 has introduced the Equities Hub on the Base network, allowing non-U.S. users to use seven Coinbase-issued tokenized U.S. stocks—including Apple, Nvidia, and Tesla—as collateral to borrow USDC. The integration utilizes Chainlink for on-chain price feeds and operates under Aave's Hub and Spoke architecture to isolate risk. The initial total collateral limit is set at approximately 29 million dollars, with collateral factors ranging from 65% to 79%. While currently limited to collateral use, the initiative marks a significant step in bridging traditional 150 trillion dollar equity markets with decentralized finance.
Summaries are written by AI from the original article. Not investment advice.