Aave launches USDC borrowing against tokenized stocks on Base
- —Collateral covers tokenized AAPL, AMZN, GOOGL, META, MSFT, NVDA and TSLA
- —Chainlink 24/5 equity feeds freeze on weekends and US market holidays
- —Stock tokens can only be used as collateral, not borrowed or swapped
- —Risk limits are set separately for each collateral asset in the Aave proposal
Why it matters: Tokenized equities are becoming collateral in a major DeFi protocol for the first time, potentially widening USDC demand and linking TradFi assets to onchain credit.
Source: TokenPost