.CurveFinance quickly minted $20 million of its new native stablecoin crvUSD on the Ethereum mainnet, blockchain data shows, marking a major milestone before the public release of its long-awaited product. sndr_krisztian reports
Curve’s stablecoin will face heavy competition as a slew of rival DeFi protocols issue are, or in the process of, developing their own native stablecoins to attract users and increase activity at a time when crypto trading and lending is flagging.
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