News

Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD

“WormholeOracle” proposed reducing the upper limit on TUSD backing for crvUSD to zero, meaning that TUSD tokens can no longer underpin crvUSD if the proposal is passed. They also recommended reducing the minting capacity of crvUSD with PayPal’s stablecoin, PYUSD, from $15 million to $5 million, aiming for a more balanced reliance on different collateral assets.

Products You May Like

Articles You May Like

Best ALTCOINS to Invest Now | Best 7 Crypto BULL RUN | Best Crypto Coins for 2025
PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto
Hamster Kombat Coin Price Prediction. #bitcoins #airdrop #hamsterkombat
The Next Stage for Public Good Funding in Crypto
Polymarket Reportedly Seeks $50M in Funding, Mulls Token as Election Bets Surge

Leave a Reply

Your email address will not be published. Required fields are marked *