# Aave proposes EURCV onboarding to Ethereum v4 Core

> The proposal would extend the reserve perimeter to a euro-denominated issuer asset; final collateral and borrowing configuration remains unspecified.

- URL: https://riadefi.com/on-chain/2026-09-11-aave-v4-ethereum-eurcv-onboarding/
- Type: Governance
- Stage: Proposed
- Evidence: confirmed
- Materiality: watch
- Event date: 2026-09-11
- Version: 1, published 2026-09-15 (first published 2026-09-15)
- Follow-up: 2026-09-18
- Advisor-relevant: no
- Affects: Aave v4 (protocol)

## What happened

Aave Labs proposed adding EURCV to the Ethereum v4 Core instance, with technical and risk assessments still to follow.

## What changed

The proposal would extend the reserve perimeter to a euro-denominated issuer asset; final collateral and borrowing configuration remains unspecified.

## What did not change

No listing execution or final risk parameters are established. The aave-v4 exclusion and reopening requirements remain applicable.

## Confirmed

- The proposal identifies EURCV at 0x5F7827FDeb7c20b443265Fc2F40845B715385Ff2.
- Risk service providers are to supply the final configuration.
- The described process includes feedback, Snapshot confirmation and a subsequent Security Council transaction.

## Still open

- Final caps, collateral eligibility, oracle design and liquidation parameters.
- Approval, execution and resulting Hub/Spoke exposure boundaries.

## What it means for an advisor

- Add the proposed reserve to the aave-v4 diligence watchlist.
- Require currency, issuer-control and per-Hub loss-boundary analysis before any reconsideration.

## Sources

1. [[ARFC] Onboard EURCV to Aave V4 Core Instance on Ethereum](https://governance.aave.com/t/arfc-onboard-eurcv-to-aave-v4-core-instance-on-ethereum/25624) · Aave Labs / Aave governance · 2026-09-11


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.