> For the complete documentation index, see [llms.txt](https://resources.defirisk.intotheblock.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://resources.defirisk.intotheblock.com/aave-gho.md).

# Aave GHO

<figure><img src="https://2404821215-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQvgIHnQBPshWROyZ73aR%2Fuploads%2FF4xiSCnZgnqxhq3eU6PZ%2Fimage.png?alt=media&amp;token=1c543629-899d-4dc4-a918-473334c9b3ca" alt=""><figcaption></figcaption></figure>

GHO is stablecoin issued on top of Aave v3 as a collateralized debt position (CDP). Users provide a collateral asset and mint GHO debt against it at a borrowing interest between 1%-1.51%.&#x20;

The GHO stablecoin has an intended peg of 1-to-1 with the US dollar. Similar to Maker's DAI, it relies on arbitrageurs and a stability module to help preserve its peg. For more info on GHO check out the [GHO documentation](https://docs.gho.xyz/).