All stablecoins

GHO

GHO · USD

GHO is Aave’s decentralized dollar stablecoin, minted by borrowing against collateral supplied to approved Aave facilitators.

Issuer
Aave DAO
Created
July 15, 2023
Reference currency
1 GHO → 1 US dollar

Price in USD

GHO

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Total supply · Ethereum
Circulating supply
Reference network
Ethereum

About

GHO is Aave’s decentralized dollar stablecoin, minted by borrowing against collateral supplied to approved Aave facilitators.

Aave traces its history to ETHLend, a peer-to-peer lending project launched by Stani Kulechov in 2017. The team rebuilt the system around pooled liquidity and launched Aave in 2020; it later developed into a DAO-governed lending protocol and introduced GHO in 2023.

What is a stablecoin?

Supported chains

  • Ethereum
  • Arbitrum
  • Base
  • Avalanche
  • Gnosis
  • Ink
  • Monad
  • Plasma

Sources

Official siteAave DAOPrimary sourceAaveProject historyAave company historyLegal sourceAave GHO documentation

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These summaries are informational, not legal advice. They identify the issuer or protocol framework but do not determine whether a token is legal, regulated, or available where you live; review current issuer documents and seek local legal advice.