​Centrifuge Wants To Back Aave’s GHO Stablecoin With Real-worl | Crypto Shake

​Centrifuge Wants To Back Aave’s GHO Stablecoin With Real-world Assets

Centrifuge — an on-chain ecosystem for structured credit — is looking to become the real-world asset facilitator for Aave’s new stablecoin, GHO.

In a governance discussion, Asad Khan, DeFi politician at Centrifuge, noted that its backers had the relevant infrastructure and ecosystem to integrate GHO with the real world.

The protocol is already preparing a draft so that once GHO facilitators are ready for onboarding, they will be ready to post a formal facilitator proposal.

“GHO has a great deal of potential. It represents an opportunity to iterate on the decentralized stablecoin mode, while benefiting from the strength of the existing Aave community and userbase,” Khan told Blockworks.

Centrifuge is currently an real-world asset (RWA) facilitator for MakerDAO’s DAI stablecoin.