Aave Unveils Avalanche-Based RWA Hub with USA₮ Support

Aave is launching an RWA Hub on Avalanche to allow institutions to borrow against tokenized assets without selling their underlying positions. The hub will use Aave's existing presence on Avalanche and be part of the rollout of Aave V4, which supports specialized lending markets for different asset classes.

The RWA Hub will initially support USA₮, a dollar-backed stablecoin issued by Anchorage Digital Bank. This gives institutions access to on-chain dollar liquidity while using tokenized assets as collateral.

Aave's founder, Stani Kulechov, said the new market is intended to move tokenized assets beyond issuance and allow institutions to use them directly as collateral in credit markets.