Overview

• Institutional borrowers can now post tokenized assets such as U.S. Treasuries and fund tokens to access USDC, RLUSD, or GHO on Horizon’s Aave V3‑based platform.
• Chainlink’s Onchain NAV feeds provide real‑time net asset values for tokenized collateral to support automated, overcollateralized lending.
• The design keeps collateral tokens permissioned for issuer‑level compliance while leaving stablecoin markets open to preserve DeFi composability.
• Initial collateral sources and ecosystem partners include Circle, Superstate, Centrifuge, VanEck, WisdomTree, Securitize, Hamilton Lane, Ethena, OpenEden, RLUSD and Chainlink.
• Aave reported its non‑AAVE treasury at a record $132.7 million alongside the rollout, with a roadmap that includes features like Proof of Reserves and SmartAUM.