🚨 Curve Finance Considers Dropping TUSD Amid SEC Drama! 🚨

Curve Finance, the decentralized exchange (DEX), is mulling over removing TrueUSD (TUSD) as collateral for its stablecoin, crvUSD. This comes after the SEC charged TUSD’s issuer, TrueCoin, with securities law violations. 😬

A proposal on Curve’s forum suggests reducing crvUSD’s TUSD backing to zero due to regulatory risks. The proposal also recommends cutting down the crvUSD mintable with PayPal’s stablecoin, PYUSD, from $15M to $5M.

What do you think about these changes? Drop your thoughts in the comments! 💬

#CryptoNews #CurveFinance #TUSD