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Curve Finance (CRV) considers reducing TUSD exposure following SEC settlement

Curve Finance (CRV) considers reducing TUSD exposure following SEC settlement


Invezz
2024-09-26 08:08:51

DEX Curve Finance is assessing a proposal to lessen its dependence on TUSD stablecoin after the US SEC dropped charges against issuers Truecoin and Trusttoken. The regulator alleged that the entities violated securities policies by using risky offshore funds to back 99% of TrueUSD’s reserves, raising worries about the crvUSD’s stability. This has forced Curve


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