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CryptoSlate citing Babylon: Aave's native BTC lending solution passes preliminary ARFC, still pending final on-chain approval
According to CryptoSlate citing Babylon Labs, the native BTC-backed stablecoin borrowing solution connecting Babylon Trustless Bitcoin Vaults and Aave V4 passed its initial ARFC governance vote on November 9 with 100% support. The proposal still requires final on-chain AIP approval. Babylon targets a mainnet launch by the end of 2026, though the timeline remains to be confirmed, with initial participation and scale subject to limits. The design keeps BTC on the Bitcoin network while collateral records are verified on the Ethereum side; liquidation settlement still involves WBTC, and mainnet borrowing is not yet open.
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