⚡️ @Aave $AAVE intends to integrate @BlackRock’s BUIDL tokenized fund to update @GHOAave stability
Aave Labs has revealed a temperature check proposal to update the GHO Stability Module by integrating #BUIDL, the tokenized fund from BlackRock. The proposal aims to enable the GSM 1:1 fixed-ratio swaps between $USDC and $GHO and utilize the leftover USDC from users to mint BUIDL shares. Aave Labs rolled out the #GHO native decentralized, collateral-backed stablecoin back in 2022.
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