Golden Finance reported that Curve Finance is considering removing TrueUSD (TUSD) as collateral for its stablecoin crvUSD because the U.S. Securities and Exchange Commission (SEC) filed securities law violation charges against TrueCoin and TrustToken. The allegation states that 99% of TUSD's reserve funds are invested in high-risk offshore funds, raising concerns about its security and solvency. A proposal was made in Curve's governance forum to reduce the TUSD collateral cap of crvUSD to zero and reduce the association with PayPal's stablecoin PYUSD to reduce related risks. Currently, the main collateral for crvUSD includes Ethereum (ETH) and Wrapped Bitcoin (WBTC).