According to the Aave governance forum announcement, Aave proposed to list cbBTC, a new Bitcoin wrapper asset launched by Coinbase, in its v3 version, and plans to deploy it on the Base chain and Ethereum mainnet. The proposal was submitted by the Aave Chan Initiative (ACI) with the goal of increasing the options for Bitcoin holders to participate in DeFi activities on Aave. As a trusted centralized entity, Coinbase's cbBTC will bring new liquidity to Aave and provide a more reliable alternative to the existing WBTC.