📍Curve Finance deployed the local stablecoin crvUSD on the Ethereum mainnet
▪️ Curve is one of the decentralized stablecoin trading markets with an asset size of approximately US$5 billion, but because many competitors are issuing or developing local stablecoins, Curve’s stablecoins will face fierce competition.
▪️ The scale of the crvUSD stablecoin released by Curve is unclear compared to other DeFi protocols such as Aave and MakerDAO, but it has been reported that a total of $20 million worth of crvUSD tokens have been minted.
▪️ The crvUSD stablecoin is not yet publicly available as it is not yet integrated into Curve’s user interface, but the administrators of the official Telegram channel say this will be resolved soon.
