Quick Read

• Babylon Labs proposed letting Aave accept native Bitcoin as collateral, requiring no custodian and no wrapping, which would unlock stablecoin borrowing directly for BTC holders.

• AAVE gained 32.5% over the past month versus Bitcoin’s 7.8%, but sits 76.7% below its all-time high compared to Bitcoin’s 35.3% gap.

• Babylon’s proposal still requires community review, a Snapshot vote, and a binding on-chain AIP before Aave can integrate native Bitcoin.

• Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without juggling apps or logins.

Babylon Labs wants Aave (CRYPTO: AAVE), the lending protocol where users can borrow cryptocurrency using their…