According to ChainCatcher, DL Research published an article on X stating that the decentralized stablecoin crvUSD launched by Curve Finance has generated $18 million in fees and a market value of $66 million since its launch in June.

As previously reported, CurveDAO launched the income-generating stablecoin Saving crvUSD (scrvUSD), with deposits reaching $6.6 million as of press time.

Curve Finance clarified: "This fee has been incurred since the fee distribution switched to crvUSD in June. crvUSD itself was launched in May 2023, and has generated more fees since then."