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Aave Says Base Equities Market Holds $25 million in Deposits

The market accepts seven tokenized U.S. stocks as collateral for USD Coin (USDC) loans.

Updated 1 min read
A commuter checks a phone near Coinbase’s offices in San Francisco, California. / TokenPost.ai
A commuter checks a phone near Coinbase’s offices in San Francisco, California. / TokenPost.ai

Aave said its Base equities market now holds $25 million in deposits, showing the balance users have committed to a venue where tokenized U.S. shares can support USDC borrowing.

The market takes seven tokens as collateral: AAPLc, AMZNc, GOOGLc, METAc, MSFTc, NVDAc and TSLAc. Borrowers can pledge them for USD Coin (USDC), while SPCXc was added to the collateral list separately.

The $25 million is the balance held in this equities market. It leaves out deposits in Aave V4’s other markets and does not count loans borrowers have yet to repay. On Base, Aave operates the Equities Hub as a separate market from its other lending pools.

An earlier EconoTimes report tracked the Equities Hub’s share of Coinbase stock-token deposits on Base.

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