crvUSD (CRVUSD)
crvUSD (CRVUSD) is a stablecoin launched in May 2023 within the Curve Finance ecosystem, a prominent player in the decentralized finance (DeFi) arena. This stablecoin is pegged to the US Dollar and is designed to offer stability amidst the volatile cryptocurrency market. Unlike traditional stablecoins, crvUSD is a collateralized-debt-position (CDP) stablecoin, backed by a variety […]
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