Aave V4 Coinbase Tokenized Stock Hub Adds USDC Incentives to Cut Borrow Costs

The signal here is less the incentive itself than what it targets: borrowing costs against tokenized equities as collateral, a structure that ties DeFi credit markets to traditional equity exposure. Cutting that cost is an attempt to make the collateral actually useful rather than merely held, which matters for the small set of non-US jurisdictions where the hub operates. The open question is whether demand for leveraged exposure to tokenized stocks is deep enough to sustain the incentives once they are withdrawn, and whether the jurisdictional perimeter keeps activity concentrated among a narrow user base.