Overview

• Institutional borrowers can post tokenized securities, including U.S. Treasuries and CLOs, to access stablecoins USDC, RLUSD, and GHO with predictable liquidity.
• Chainlink’s NAVLink supplies real‑time net asset values for tokenized funds to support automated, overcollateralized lending and continuous collateral monitoring.
• Horizon runs on a permissioned version of Aave V3 with a non‑custodial design, while issuers and stablecoin providers manage compliance and participant whitelisting.
• Risk oversight is provided by third parties such as Llama Risk and Chaos Labs, and stablecoin pools remain permissionless to preserve DeFi composability.
• Launch integrations span Circle, Chainlink, Centrifuge, Superstate, VanEck, WisdomTree, Ethena, Securitize, Hamilton Lane, and Ripple’s RLUSD, with Aave positioning the market to unlock roughly $25–$26 billion in on‑chain RWAs.