Aave V4 Global Dollar Hub Proposes Onboarding PAXGy Vault Share Token from Paxos Labs: When Stablecoin Yield Becomes a Governance Decision
Aave V4 proposes adding PAXGy, a gold-backed vault share token from Paxos Labs, as collateral for its Global Dollar Hub. This move sparks a critical debate over whether commodity-backed assets belong in a dollar-pegged stablecoin.