Current outcome
Aave V4 on Base accepts seven Coinbase stock tokens as collateral for USDC loans, with a 21 million USDC borrowing cap and access limited to eligible non-US investors.
Progress timeline
3 material updates- #01
Morpho Opens Borrowing Against Coinbase's Tokenized Stocks
Morpho now allows holders of five Coinbase tokenized stock tokens to pledge them as collateral for USDC loans on Base.
Source evidence: The Defiant
- #02
Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans
Aave V4 on Base now accepts Coinbase-issued tokenized stocks — including Apple, Nvidia and Tesla — as collateral for USDC loans for non-U.S. users.
Source evidence: The Block · TradingView · CryptoRank
- #03
Aave Adds Coinbase Stock Tokens as Collateral on Base
Added details: Aave V4 on Base enabled seven Coinbase-issued stock tokens as collateral, with a 21 million USDC borrowing cap, access limited to eligible non-US investors.
State after update: Aave V4 on Base accepts seven Coinbase stock tokens as collateral for USDC loans, with a 21 million USDC borrowing cap and access limited to eligible non-US investors.
Source evidence: The Defiant · Crowdfund Insider