🚨 Breaking News in Crypto! 🚨

Curve Finance is considering a major shake-up! A new proposal suggests removing TrueUSD (TUSD) as collateral for its stablecoin, crvUSD, due to stability and regulatory concerns. The proposal also aims to cut the minting capacity of crvUSD with PayPal's PYUSD from $15M to $5M, diversifying collateral and reducing reliance on risky assets.

This comes after the SEC charged TrueCoin, TUSD's original issuer, with defrauding investors. What do you think about these changes? Share your thoughts in the comments! 💬

#CryptoNews #DeFi #CurveFinance #Stablecoins