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

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

by Jeremy

“WormholeOracle” proposed lowering the higher restrict on TUSD backing for crvUSD to zero, that means that TUSD tokens can now not underpin crvUSD if the proposal is handed. In addition they really helpful lowering 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 belongings.

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