Aave Labs proposes using BlackRock’s BUIDL shares to stabilize GHO stablecoin, potentially boosting its market cap and expanding into real-world assets

Aave Labs is shaking things up in the stablecoin game. They’re eyeing BlackRock’s BUIDL shares to keep their GHO stablecoin steady at $1. This move could give GHO a much-needed boost, as it’s currently trailing behind big players like PYUSD and First Digital USD. The plan? Let users swap USDC for BUIDL shares when minting GHO. It’s a win-win: Aave dips its toes into real-world assets, and GHO gets a stability upgrade. The proposal’s still in its early stages, but if it flies, it could be a game-changer for Aave’s $120 million market cap stablecoin.