Ethereum Foundation embraces DeFi borrowing $2M in stablecoins on Aave using ETH collateral

Description

The Ethereum Foundation borrowed $2 million in stablecoins on Aave using ETH collateral, marking a strategic shift toward DeFi-based treasury management without selling its ETH holdings.

Authors

Oluwapelumi Adejumo

Publish date

May 29, 2025

Publisher

CryptoSlate

Web URL

https://cryptoslate.com/ethereum-foundation-embraces-defi-borrowing-2m-in-stablecoins-on-aave-using-eth-collateral

Referenced by

Ethereum Foundation borrows $2M in GHO stablecoins

Crypto news

News story

The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol.

Crypto news

Quote

“They didn’t have to sell a single ETH to fund their objectives. Aave is designed for holders with conviction.”

Crypto news

Quote