🚀 Curve Finance is shaking things up! The decentralized exchange (DEX) is mulling over dropping TrueUSD (TUSD) as collateral for its stablecoin, crvUSD, after the SEC charged TUSD's issuer with securities violations.

- Proposal to reduce TUSD backing to zero due to regulatory risks.

- Suggests cutting PayPal's PYUSD collateral limit from $15M to $5M.

- SEC alleges TUSD was falsely marketed as fully backed by USD.

Curve's crvUSD is mainly backed by Ethereum (ETH) and Wrapped Bitcoin (WBTC), with WBTC leading at $68M in total value locked. 🪙

Stay tuned for more twists in the crypto saga!