
🚨 It is now possible to borrow USDC by depositing stocks on @aave Seven U.S. tech stocks are accepted: Apple, Amazon, Google, Meta, Microsoft, Nvidia, and Tesla. By depositing them, users can borrow USDC. Each stock has its own loan-to-value limit—the maximum percentage of its value that can be borrowed. Behind each token is an actual underlying stock. The stocks are held by Alpaca Securities, a SEC-registered broker, in segregated accounts that cannot be lent out. Dividends are automatically reinvested into additional shares, causing the token to eventually be worth slightly more than the underlying stock alone. Currently, these stocks serve solely as collateral and cannot be borrowed themselves. https://t.co/dk6TffOYj2