Aave Labs has launched Horizon, a new platform tailored for institutional borrowers to access stablecoins by borrowing against tokenized real-world assets (RWAs) like U.S. Treasuries and collateralized loan obligations (CLOs).

The platform supports lending in stablecoins like Circle’s USDC, Ripple’s RLUSD, and Aave’s GHO, backed by tokenized assets from partners including Superstate, Circle, VanEck, and WisdomTree.

This story is an excerpt from the Unchained Daily newsletter.

Horizon will operate on a permissioned instance of Aave V3, integrating Chainlink’s oracle services for real-time asset valuation to ensure loans are sufficiently collateralized.

The launch positions Aave, the largest protocol with $39 billion in Total Value Locked (TVL), as a key player in institutional DeFi.