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DEX Curve Finance Mulls Removing TrueUSD (TUSD) as Collateral for Stablecoin Curve USD (crvUSD)

by SB Crypto Guru News
September 26, 2024
in Crypto Updates
Reading Time: 1 min read
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“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.



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Tags: Bitcoin NewsCollateralCRVUSDCrypto NewsCrypto UpdatesCurveDEXFinanceLatest News on CryptoMullsremovingSB Crypto Guru NewsstablecoinTrueUSDTUSDUSD
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