Aave Opens USDC Borrowing Against Coinbase Stock Tokens on Base
Aave’s V4 market on Base lets eligible users outside the U.S. borrow USDC using seven Coinbase-issued stock tokens as collateral.
Aave launched a market on Base on Sept. 25 that accepts Coinbase-issued stock tokens as collateral for USDC loans. Access is limited to eligible holders outside the United States.
The supported tokens are AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc and TSLAc, representing Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla, respectively.
The market brings stock-token-backed borrowing to Aave’s V4 deployment, allowing eligible holders to obtain USDC liquidity while retaining their tokens rather than selling them.
Source: The Defiant
