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Aave Deploys Native Stablecoin GHO on Ethereum Testnet

Aave, one of crypto’s largest decentralized finance (DeFi) protocols, has deployed its native stablecoin GHO on Ethereum’s Goerli testnet, Aave Companies, one of the firms that develops the lending protocol, announced Thursday.

Developers and potential adopters of GHO, pronounced as “go,” can access the stablecoin’s codebase and test how it works before being released to the wider public on the Ethereum blockchain, a press release said.

GHO’s mainnet start is subject to community discussion and approval.

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