RT Token Terminal 📊 (@tokenterminal)Robinhood has 11 business lines doing $100M+ ARR each.Aave’s core lending business did ~$140M over the last 12 months.Is $GHO the next Aave product to clear $100M+? https://t.co/eAnDwWoH1l ...

Robinhood has 11 business lines doing $100M+ ARR each.Aave’s core lending business did ~$140M over the last 12 months.Is $GHO the next Aave product to clear $100M+? https://t.co/eAnDwWoH1l ...

GHO Performance - GHO's transfer volume on Ethereum surpassed $10 billion in Q3 '25, representing a ~100% QoQ increase [1] Aave Labs Initiatives - Aave Labs announced the upcoming launch of zero-fee on & off-ramping for GHO in Europe across Aave's various products [1]

Stablecoin Market Growth - The stablecoin market on Ethereum shows varied growth rates over 30 days [1] - USD1 experienced the highest growth at +65.4% [1] - EURA follows with a growth of +53.1% [1] - PYUSD demonstrates significant growth at +46.8% [1] - AUSD shows a growth of +44.3% [1] - EURC's market cap increased by +24.6% [1] - GHO grew by +16.4% [1] - RLUSD experienced a growth of +12.8% [1]

Real World Assets (RWA) Growth - Token Terminal identifies the fastest growing Real World Assets (RWAs) [1] - The list includes both USD and EUR denominated RWAs [1] Top RWAs by Growth - USCC (Superstate) leads the list of fastest growing RWAs [1] - EURA (Angle Protocol) ranks second in RWA growth [1] - XAUT (Tether) is the third fastest growing RWA [1] - PYUSD (PayPal) is listed as a fast-growing RWA [1] - VBILL (VanEck/Securitize) is among the fastest growing RWAs [1] - USYC (Circle) is identified as a fast-growing RWA [1] - USTB (Superstate) is also on the list [1] - GHO (Aave) is recognized as a fast-growing RWA [1] - RLUSD (Ripple) is included in the list [1] - thBILL (Theo Network) is listed as a fast-growing RWA [1] - EURC (Circle) is identified as a fast-growing RWA [1] - WTGXX (WisdomTree) is among the fastest growing RWAs [1]

Key Issuers & Chains - The report identifies issuers and chains as two 'investable' columns, with Ethereum being present on each row [1] Fastest Growing RWAs (Real World Assets) - USCC from Superstate Inc is identified as the fastest growing RWA [1] - EURA from Angle Protocol is among the fastest growing RWAs [1] - XAUT from Tether is listed as a fast-growing RWA [1] - PYUSD from PayPal is included in the list of fastest growing RWAs [1] - VBILL from Vaneck US and Securitize is noted as a fast-growing RWA [1] - USYC from Circle is identified as one of the fastest growing RWAs [1] - USTB from Superstate is listed among the fastest growing RWAs [1] - GHO from Aave is included in the list of fastest growing RWAs [1] - RLUSD from Ripple is noted as a fast-growing RWA [1] - thBILL from Theo Network is identified as one of the fastest growing RWAs [1] - EURC from Circle is listed among the fastest growing RWAs [1] - WTGXX from WisdomTree Funds is included in the list of fastest growing RWAs [1]

RWA（Real World Assets）增长最快的项目 - USCC @SuperstateInc 增长速度领先 [1] - EURA @AngleProtocol 位列第二 [1] - XAUT @Tether_to 排名第三 [1] - PayPal 的 PYUSD 也在快速增长之列 [1] - VanEck 的 VBILL @vaneck_us @Securitize 同样表现出色 [1] 其他值得关注的 RWA 项目 - Circle 的 USYC 和 Superstate 的 USTB 也在快速增长 [1] - Aave 的 GHO 和 Ripple 的 RLUSD 同样值得关注 [1] - Theo_Network 的 thBILL 和 Circle 的 EURC 也在增长之列 [1] - WisdomTreeFunds 的 WTGXX 也在快速增长 [1]

Aave Ecosystem Expansion - Aave Labs is introducing zero-fee on and off-ramping for GHO and other stablecoins in Europe [1] - This initiative aims to create a frictionless cash to DeFi experience across the Aave ecosystem [1]

Core Insights - Aave Labs has obtained authorization as a Crypto-Asset Service Provider (CASP) from the Central Bank of Ireland, indicating a strategic move to expand its audience beyond traditional DeFi users [1][6] - The new CASP license will enable Aave to offer fiat services, allowing users to link bank accounts and convert euros and dollars into stablecoins like GHO for earning, borrowing, and saving [3][6] - Aave Labs is actively transitioning towards more regulated markets, as evidenced by the launch of Horizon, a permissioned institutional lending platform, and the acquisition of Stable Finance, a consumer-focused stablecoin savings startup [4][5] Company Developments - Aave is a decentralized finance protocol that facilitates lending and borrowing of cryptocurrencies, primarily stablecoins like USDT and USDC [2] - In 2023, Aave Labs introduced GHO to secure protocol revenues and lessen reliance on external issuers [2] - The recent activities of Aave Labs reflect a desire to redefine its identity within the DeFi space and appeal to a broader audience [5]

Real World Asset (RWA) Market Growth - Token Terminal identifies the fastest-growing Real World Assets (RWAs) based on 30-day market capitalization growth [1] - The list highlights the top 10 RWAs with the highest growth percentages [1] Top Performing RWAs - USCC @SuperstateInc leads in growth [1] - XAUT @Tether_to ranks second [1] - USDG @global_dollar is third [1] - GHO @aave is fourth [1] - VBILL @vaneck_us via @Securitize is fifth [1] - USTB Superstate is sixth [1] - USDS @SkyEcosystem is seventh [1] - RLUSD @Ripple is eighth [1] - PYUSD @PayPal is ninth [1] - JAAA @centrifuge is tenth [1]