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

September 26, 2024No Comments1 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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See also  Hut 8 to finance new Texas mining facility with Bitcoin reserves
Collateral crvUSD Curve DEX Finance Mulls removing Stablecoin TrueUSD TUSD USD
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