Aave Touts New Decentralized Stablecoin GHO

Decentralized finance (DeFi) platform Aave (CRYPTO: AAVE ) is launching a new stablecoin called GHO. What Happened : Aave announced its plans on June 7. The company, which allows you to lend and borrow crypto, released an over-collateralized stablecoin named GHO to be collateralized by assets on the platform to protect against price instability. Aave founder Stani Kuchelov announced in a tweet that the Aave ... Full story available on Benzinga.com