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Aave launches Global Dollar Hub with PT-USDG collateral for stablecoin borrowing

Protocol Fundamentals
01 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Aave V4 has launched its Global Dollar Hub, a new liquidity hub centered on the regulated stablecoin USDG issued by Paxos. Users can deposit PT-USDG principal tokens as collateral to borrow USDC and USDT, enabling fixed-rate stablecoin borrowing. This hub tests Aave's modular hub-and-spoke system, isolating risk within each hub. The launch offers investors a way to arbitrage stablecoin yields but requires ongoing governance to add new collateral as tokens mature.

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