Aave launched its Equities Hub on Base on September 25, 2026, allowing non-US users to deposit tokenized Magnificent 7 shares as collateral to borrow USDC. As of October 18, 2026, $9.57 million in tokenized shares had been deposited, representing 35.6% of the total tokenized supply of $26.9 million. Against this collateral, borrowers have taken out $4.08 million in USDC, with the loan-to-collateral ratio rising from 22.2% to 42.9%. Three out of four borrowers using tokenized shares on this hub are new to Aave on Base. The number of borrowing wallets grew from 8 to 144 between launch and mid-October.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
