◆ Daily Brief·12:00 UTC·bullish
Avalanche Summit Week Ends With Aave v4, Paxos and an $807B Manager Onchain
- Aave CEO Stani Kulechov said Avalanche will be the first expansion chain for Aave v4, with a separate RWA Hub using Tether's USAT for dollar liquidity.
- Paxos went live on Avalanche, connecting 650+ institutions, 470M+ end users and $18B in custody, per the company, to $AVAX and Avalanche-native USDC.
- New York Life Investment Management, part of an $807B organization, is bringing a tokenized U.S. High Yield Corporate Bond Strategy to Avalanche via Centrifuge.
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