Aave Enables Pendle PT-USDG Collateral Listing on V3 Platform
Aave has enabled Pendle's PT-USDG to be listed as collateral on Aave V3 on X Layer, allowing users to borrow against fixed-yield positions with up to 93.59% LTV.
The approval of AIP-514 paves the way for liquidity and leverage around the asset, potentially strengthening the utility case for Pendle PT assets and supporting demand for PT-USDG.
The move is seen as a modest change, with no direct impact on AAVE's token economics.