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

headlines4Cryptocurrency1 year ago1.6K Views

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“WormholeOracle” proposed lowering the higher restrict on TUSD backing for crvUSD to zero, which means that TUSD tokens can now not underpin crvUSD if the proposal is handed. In addition they advisable lowering the minting capability of crvUSD with PayPal’s stablecoin, PYUSD, from $15 million to $5 million, aiming for a extra balanced reliance on completely different collateral belongings.

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