Aave Labs launches Project Horizon, focused on institutional DeFi products

#AaveLabs has unveiled #ProjectHorizon , a new initiative aimed at developing #DeFi products tailored for institutional investors. Horizon will allow institutions to use tokenized money market funds (MMFs) as collateral to borrow $USDC and $GHO at scale, enhancing stablecoin liquidity and broadening institutional access to DeFi.

Aave is an open-source protocol that enables the creation of non-custodial liquidity markets, allowing users to earn interest by supplying and borrowing assets at variable interest rates.

👉 x.com/aave/status/1900188291418513783