[Aave Labs announces plan to use BlackRock's BUIDL shares to stabilize GHO] Golden Finance reported that Aave Labs proposed to update its GHO Stability Module (GSM), which involves using shares of BlackRock's tokenized fund BUIDL to help maintain the dollar peg of its stablecoin. According to the proposal, the new GSM will allow Aave to exchange BUIDL shares with USD Coin (USDC) provided by users to mint GHO, the native dollar-backed stablecoin of its ecosystem. These tokens will be kept in smart contracts until users exchange their GHO for USDC. The value of BUIDL's shares is stabilized at $1 per token, and daily returns are paid to investors every month. The fund allocates its assets into cash, U.S. Treasury bills, and repurchase agreements. According to RWA.xyz, BUIDL's assets under management (AUM) exceed $502 million.