Aave advances proposed USD1 onboarding to ARFC review

What happened

Aave tokenholders approved the USD1 Temp Check, allowing the proposed Core and BNB listings to advance to ARFC analysis.

What changed

USD1 entered Aave's formal risk-parameter and service-provider review path as a proposed deposit and borrow asset.

What did not change

The vote did not list USD1, approve collateral use, set final caps or liquidation parameters, or execute any reserve configuration.

Confirmed

• The proposal describes USD1 as a fiat-backed stablecoin issued by World Liberty Financial.
• The initial proposal contemplates deposits and borrowing, with collateral use deferred.
• Final risk parameters were not provided at the Temp Check stage.
• The approved next step is ARFC review rather than an executable AIP.

Still open

• Issuer, reserve, redemption, freeze, and banking controls.
• Final oracle, cap, interest-rate, and collateral parameters.
• ARFC and AIP outcomes.
• Whether USD1 liquidity is sufficient for stressed liquidations or exits.

What it means for an advisor

• Monitor the ARFC and require issuer, reserve, redemption, oracle, and liquidity diligence before any memo conclusion.
• Temp Check approval does not make USD1 or the proposed Aave markets Ketju-approved.