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Reading Time: 2 minutes Curve Finance is considering removing TrueUSD (TUSD) as collateral for its crvUSD stablecoin following SEC charges against TUSD’s issuer, TrueCoin The SEC alleges that TUSD was backed by risky offshore investments rather than U.S. dollars, raising solvency concerns A governance proposal suggests reducing crvUSD’s reliance on TUSD and other minor stablecoins Curve Finance is reviewing the use of TrueUSD (TUSD) as collateral for its crvUSD stablecoin after U.S…
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Curve Finance Considers Removing TUSD Following SEC Charges
Mark Hunter
17:29
Reading Time: 2 minutes Curve Finance is considering removing TrueUSD (TUSD) as collateral for its crvUSD stablecoin following SEC charges against TUSD’s issuer, TrueCoin The SEC alleges that TUSD was backed by risky offshore investments rather than U.S. dollars, raising solvency concerns A governance proposal suggests reducing crvUSD’s reliance on TUSD and other minor stablecoins
