Aave Labs plans a specialized real-world asset credit market on Avalanche through Aave V4's hub-and-spoke architecture, allowing eligible institutions to post tokenized Treasuries, money-market funds, private-credit instruments, real estate or corporate bonds as collateral and borrow USA₮ without selling their holdings. USA₮ is a dollar-backed stablecoin issued by Anchorage Digital Bank under federal oversight and branded and distributed by Tether. The proposed RWA Hub would have separate risk parameters, oracles, accounting and emergency controls while accessing shared liquidity through defined credit lines, and would require separate Aave DAO approval for its topology and USA₮ listing. Aave V4 launched on Avalanche on July 15, 2026; protocol statements cite more than $20 million in deposits, while DefiLlama reports about $15.9 million in net deposits and roughly $6.8 million borrowed for that instance. Separately, an Ethereum-based Anchorage-custodied collateral proposal would let institutions borrow stablecoins against assets held by Anchorage, with Chainlink CustodySync and Price Feeds supporting non-transferable receipt tokens and synchronized loan-to-value ratios. Neither proposed market has a published launch date, collateral list, loan-to-value ratios or liquidation procedures.