Curve Finance is considering removing TrueUSD (TUSD) from the collateral list for crvUSD after TrueCoin was accused of violating US securities laws. 🚀

- Proposal to reduce the maximum crvUSD backed by TUSD to 0 due to regulatory risks.

- Reduce the amount of crvUSD that can be minted with PYUSD from $15M to $5M.

- SEC accuses TrueCoin and TrustToken of fraud and selling unregistered investment contracts.

crvUSD is currently backed by ETH, WBTC, and wstETH, with WBTC being the largest. Curve wants to diversify PegKeepers to reduce risk.

What do you think of this move? Comment! 💬