From TokenPost · · 50s
Aave Labs Proposes USAT Listing for Avalanche V4
Aave Labs seeks governance approval to list Tether America USD on Avalanche V4's Core Instance.
In brief
Aave Labs seeks governance approval to list Tether America USD on Avalanche V4's Core Instance. Aave Labs proposed adding Tether America USD to its Avalanche lending market for governance review before final vote. Originally reported by TokenPost.
Aave Labs Proposes USAT Listing
Aave Labs proposed adding Tether America USD to Aave V4's existing Avalanche lending market starting a governance review of the stablecoin's risk settings.
Core Instance Listing Details
The Oct. 19 request targets Aave's Core Instance on Avalanche with a proposed token address 0x9A5926fd88F747c357738b1e82aFB46AB80f0A6b but does not set supply or borrow terms.
Next Steps for Listing
Aave Labs plans to gather community and service-provider feedback before submitting an Aave Improvement Proposal for a vote if approved the listing could be put into effect onchain.
In short
Aave Labs proposed adding Tether America USD to its Avalanche lending market for governance review before final vote.
