Odaily Planet Daily News Wormhole launched a new proposal in the Curve Governance Forum. Due to regulatory risks and solvency issues, it is proposed to reduce the upper limit of crvUSD collateral TUSD to zero, "to completely eliminate exposure to TUSD". The proposal also proposes to reduce the amount of PayPal's stablecoin PYUSD that can be minted from US$15 million to US$5 million, "so the reliance on each PegKeeper is appropriate to the importance of the respective pool." Currently, the main collateral for minting crvUSD also includes ETH and WBTC. On September 24, the U.S. SEC reached a settlement on allegations of fraud by TrueCoin and TrustToken and unregistered sales of investment contracts involving TrueUSD. The allegation is that 99% of TUSD's reserve funds are invested in high-risk offshore funds, raising concerns about its security and solvency. (Cointelegraph).