
Aave Labs plans tokenized-asset lending market on Avalanche with USA₮
- —Aave V4 on Avalanche: $15.9 million in deposits and $6.8 million in loans
- —Aave V4 across all networks totals $448 million in deposits
- —USA₮: 184.3 million tokens in circulation, backed by $175.9 million
- —RWA excluding stablecoins reached $38.8 billion, up 51.9% year-to-date
Why it matters: Isolated markets for tokenized collateral could attract institutions without putting Aave's main pool at risk.
Source: The Defiant