#defi protocol

➤ Grove has launched Basin, a DeFi protocol offering up to $1 billion in daily stablecoin liquidity for tokenized real-world assets (RWAs). ➤ Basin aims to bridge traditional finance and blockchain by enabling instant on-chain settlement of tokenized RWAs into stablecoins. ➤ This launch addresses a key infrastructure gap, facilitating the growing trend of RWA tokenization and its integration into DeFi ecosystems.

➤ Aurelion has allocated $48 million in Tether Gold (XAU₮) to the new XAUE DeFi protocol, aiming to generate yield on tokenized gold. ➤ XAUE offers a unique 'compounding in gold' structure for institutional investors, increasing gold value per token over time through lending and trading strategies. ➤ This initiative signifies a growing trend in transforming gold from a static store of value into an income-generating asset class, with other institutional partners also committing significant capital.

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