Aave Aave V4 launches tokenized U.S. equity-collateralized lending on Base USDC market
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AT A GLANCE
Aave Aave V4 launches stock-collateralized lending on Base USDC market for eligible non-U.S. users.
Article
Aave Aave V4 launches stock-collateralized lending on Base, 7 types of Coinbase tokenized U.S. equities can be used to borrow USDC BlockBeats news,September 25，Aave Aave V4 has launched Equities Hub on Base, allowing eligible non-U.S. users to use Coinbase issued by 7 types of tokenized U.S. equities as collateral to borrow USDC. The initial offering supports tokenized shares of Apple, Amazon, Google, Meta, Microsoft, Nvidia, and Tesla, with Chainlink providing on-chain price oracles.
The market's initial aggregate cap for stock collateral is approximately 29000000 USD，USDC supply cap 32000000 USD, borrowing cap 21000000 USD, with loan-to-value ratios for different equities ranging from 65%to 79%。Aave stated that additional Coinbase tokenized equities and GHO borrowing assets may be added in the future, subject to governance and risk assessments.Aave has reached cumulative deposits of 3600000000000 USD, with historical loan volume exceeding 1000000000000 USD.
Original link https://m.theblockbeats.info/flash/369024
Key points
01
Aave Aave V4 has launched Equities Hub on Base.
02
Eligible non-U.S. users may use 7 types of tokenized U.S. equities issued by Coinbase as collateral to borrow USDC。
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The initial offering supports tokenized shares of Apple, Amazon, Google, Meta, Microsoft, Nvidia, and Tesla.
04
Chainlink provides on-chain price oracles.
05
The initial aggregate cap for stock collateral is approximately 29000000 USD，USDC supply cap 32000000 USD, borrowing cap 21000000 USD。
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Loan-to-value ratios for different equities range from 65%to 79%。
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Aave stated that additional Coinbase tokenized equities and GHO borrowing assets may be added in the future, subject to governance and risk assessments.
08
The original article states that Aave has reached cumulative deposits of 3600000000000 USD, with historical loan volume exceeding 1000000000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Put simply, some non-U.S. users can deposit designated on-chain tokenized equities into Aave as collateral and then borrow USDC. Equity prices are provided by Chainlink, and the market has supply, borrowing, and collateral limits.
Why it matters to readers
This adds an on-chain lending use case for tokenized equities and provides USDC with a new borrowing scenario. The scope of subsequent support remains subject to governance and risk assessments.
Tokenized equities are on-chain representations of equity-related assets; collateralized lending involves first depositing collateral and then borrowing assets. The loan-to-value ratio determines the proportion of an asset's value that can be borrowed.
Risks and unknowns
The original article does not specify the eligibility criteria for “eligible non-U.S. users.”
The original article does not provide Equities Hub's actual supply, borrowing volume, or utilization rate.
Any future additions of equities or GHO borrowing assets remain subject to governance and risk assessments, and whether they will be implemented is uncertain.
The relevant information comes from the provided report; independent announcements or other sources were not explicitly provided in the evidence.
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Related concepts
Tokenized Stocks
This term is not in the glossary yet. Browse related concepts in the glossary.
An asset provided by a counterparty to guard against potential losses, which may be liquidated in the event of default to compensate the lender for its loss.
