Aave DAO Launches GHO Stablecoin on Arbitrum

Odaily News As part of the “cross-chain expansion strategy”, Aave DAO launched the GHO stablecoin on Arbitrum. The multi-collateral stablecoin native to the Aave protocol will utilize the industry standard Chainlink Cross-Chain Interoperability Protocol (CCIP), starting with Arbitrum as the first network and expanding to other networks over time.