Coinbase tokenized U.S. equities on Base Aave V4 can be used as collateral for borrowing USDC
BIBIBI
AT A GLANCE
Aave V4's launch on Base of collateralized borrowing against tokenized U.S. equities USDC functionality.
Article
Aave V4 launches Coinbase tokenized stocks, supporting borrowing against tokenized U.S. equities USDC BlockBeats news,September 28, according to an official announcement,Coinbase tokenized stocks are now live on the Aave V4 deployment on Base. Eligible users in jurisdictions outside the United States may use AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc as collateral to borrow USDC。
Aave stated that the global stock market is worth more than 150000000000000 USD. As stock assets are gradually brought on-chain,Aave V4 will enable the relevant tokenized stocks to be used for collateralized borrowing, allowing users to obtain liquidity without selling the stocks they hold. This V4 instance was deployed by Aave Labs on behalf of Aave DAO; LlamaRisk conducted the risk analysis, while Chainlink serves as Coinbase official oracle solution, providing price data for the tokenized stocks that includes the underlying stock prices and issuer multipliers.
Original link https://m.theblockbeats.info/flash/369298
Key points
01
Coinbase tokenized stocks are now live on Aave V4's Base deployment.
02
Eligible users in jurisdictions outside the United States may use AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc, and TSLAc as collateral to borrow USDC。
03
Aave stated that the global stock market is worth more than 150000000000000 USD。
04
This V4 instance was deployed by Aave Labs on behalf of Aave DAO. LlamaRisk conducted the risk analysis.
05
Chainlink provides price data for the tokenized stocks, including the underlying stock prices and issuer multipliers.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Users can deposit these 7 tokenized U.S. equities into Aave V4 as collateral and then borrow USDC without selling these stock tokens.
Why it matters to readers
This gives tokenized stocks an additional on-chain collateralized borrowing use case and provides holders with a way to obtain USDC liquidity.
Collateralized borrowing is similar to borrowing against assets; if the collateral value declines, there may be a risk of liquidation, but the original text does not provide specific risk parameters.
Risks and unknowns
The functionality is available only to eligible users in jurisdictions outside the United States.
The original text does not provide the collateralization ratio, borrowing limit, or liquidation parameters.
The original text provides only a BlockBeats link and does not provide an official announcement link that can be independently verified.
The original text does not specify the actual collateral volume,USDC borrowing volume, or liquidation performance.
Related Developments
Loading event timeline…
Related concepts
collateral
This term is not in the glossary yet. Browse related concepts in the glossary.
