Coinspeaker
Curve Finance Considers Dropping TrueUSD from Collateral List
On September 25, 2024, Curve Finance, a major decentralized exchange for stablecoin trading, proposed changes that could reshape its stablecoin, Curve USD (crvUSD). The proposal, introduced by governance user “WormholeOracle”, calls for the removal of TrueUSD
TUSD
$1.00
24h volatility:
-0.2%
Market cap:
$494.72 M
Vol. 24h:
$16.15 M
as collateral, citing regulatory concerns and peg instability.
Curve Finance, which manages billions in user assets, operates through a decentralized governance system where CRV token holders decide key issues. The proposal suggests reducing TUSD’s collateral backing to zero, effectively ending its support for
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