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      Aave to Launch Dedicated RWA Lending Market on Avalanche

      PANews, September 16th News - Avalanche announced on X platform that Aave will launch a dedicated RWA lending market on Avalanche. This RWA Hub will allow institutions to borrow stablecoins using tokenized financial assets as collateral without needing to sell their underlying positions. Tether's USAT will serve as the core of this market, providing a major source of USD liquidity and becoming one of its first major institutional use cases. Since Aave V4 went live on Avalanche just two months ago, it has already attracted over $20 million in deposits. The RWA Hub extends this infrastructure to the tokenized financial market, enabling assets to be financed, collateralized, and utilized on-chain.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud