Curve Finance’s decentralized stablecoin crvUSD has generated $18 million in fee revenue for the platform since its launch in June and has a market capitalization of $66 million. This result shows the market’s interest and demand for decentralized stablecoins.

At the same time, CurveDAO also launched the yield-based stablecoin Saving crvUSD (scrvUSD), with total deposits currently reaching US$6.6 million. This shows that investors are full of expectations for the income potential of stablecoins.

Curve Finance further clarified that fee revenue has increased significantly since the fee allocation switched to crvUSD in June. Although crvUSD launched in May, it has already exceeded expectations. 📈