Odaily Planet Daily News: Aave Labs proposed building and deploying a new version of the GHO stable module (GSM) to support reserve allocation and management functions, achieve third-party integration, and specifically support integration with BlackRock’s BUIDL infrastructure. The proposal aims to improve the capital efficiency of GSM while maintaining USDC as the high standard of GHO endorsement. The new GSM will support 1:1 fixed ratio exchange of USDC and GHO, and use USDC surplus to mint BUIDL Tokens. It is reported that BUIDL is a product deployed by BlackRock on the Ethereum network, providing instant liquidity to on-chain participants, and currently has a circulation of more than $500 million.
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Aave proposes to deploy a new version of the GHO stable module to support BlackRock BUIDL integration
Odaily Planet Daily News: Aave Labs proposed building and deploying a new version of the GHO stable module (GSM) to support reserve allocation and management functions, achieve third-party integration, and specifically support integration with BlackRock’s BUIDL infrastructure. The proposal aims to improve the capital efficiency of GSM while maintaining USDC as the high standard of GHO endorsement. The new GSM will support 1:1 fixed ratio exchange of USDC and GHO, and use USDC surplus to mint BUIDL Tokens. It is reported that BUIDL is a product deployed by BlackRock on the Ethereum network, providing instant liquidity to on-chain participants, and currently has a circulation of more than $500 million.