Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

12
0
SHARE
This post was originally published on this site

Source: Coindesk.com

A new proposal on Curve Finance suggests removing TrueUSD (TUSD) as collateral for its stablecoin, crvUSD, due to concerns over TUSD's stability and regulatory issues, reducing its backing limit to zero. The proposal also recommends decreasing the minting capacity of crvUSD with PayPal's PYUSD from $15 million to $5 million, as part of a strategy to diversify

Read More https://www.coindesk.com/markets/2024/09/26/curve-finance-mulls-removing-trueusd-as-collateral-for-stablecoin-curve-usd/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY