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

September 26, 2024
in Crypto Updates
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“WormholeOracle” proposed decreasing the higher restrict on TUSD backing for crvUSD to zero, which means that TUSD tokens can not underpin crvUSD if the proposal is handed. Additionally they advisable decreasing the minting capability of crvUSD with PayPal’s stablecoin, PYUSD, from $15 million to $5 million, aiming for a extra balanced reliance on totally different collateral property.



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Tags: CollateralcrvUSDCurveDEXFinanceMullsRemovingStablecoinTrueUSDTUSDUSD
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