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cryptonews 2024-02-07 15:21:01

Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More

Aave’s GHO stablecoin has hit the $1 mark after trading below the peg for over six months since its launch in July 2023. The asset’s price hit $1 on Feb 6 following efforts from the wider community, which included integrations with the Aave decentralized finance (DeFi) lending protocol. Stani Kulechov, the founder of Aave, wrote The post Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More appeared first on Cryptonews .

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