Curve plans to expand crvUSD stablecoin collateral assets

#Curve plans to expand its crvUSD stablecoin-backed collateral assets beyond Ethereum liquid collateral tokens, starting with the introduction of $WBTC as collateral.

If the proposal passes, Curve will launch a wBTC vault with a maximum debt limit of $200 million.

At the same time, Curve is also considering introducing $ETH as crvUSD collateral.

Voting on these proposals is currently underway.

Curve TVL is approaching $4 billion.

Curve sees some opportunities in the current stablecoin space and hopes to expand the collateral assets it supports to attract more users.

While #crvUSD ’s collateral consists of volatile crypto assets, Curve has been very effective at maintaining the stablecoin’s price by combining over-collateralization requirements with stability pools and PegKeepers.

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