GHO is a top 30 stablecoin by market cap and enables lending/borrowing on Aave.

Users will be able to exchange GHO for BUIDL shares on a one-to-one basis should the proposal pass.

The move marks the first deployment of GHO's cross-chain expansion.

Avalanche and Arbitrum emerge as front-running candidates to host GHO's second deployment.

Aave proposes “Merit” program to reward GHO minters and LST depositors.

GHO is trading for roughly $1 for the first time since launching six months ago.

Decentralized Stablecoin Sector Heats Up With crvUSD and GHO Growing Quickly

Recently Launched Stablecoin Trades At 3% Discount As Supply Nears $20M

Dollar-pegged Stablecoin Can Be Borrowed Against Collateral Deposited In Aave’s V3 Ethereum Market

Proposal Seeks Final Community Feedback Before Governance Vote