DEX Curve Finance Considers Removing TrueUSD (TUSD) as Collateral for Stablecoin Curve USD (crvUSD)

“WormholeOracle” proposed to reduce the TUSD support cap for crvUSD to 0, meaning that if the proposal passes, TUSD tokens will no longer be able to back crvUSD. It also recommended reducing the minting capacity of crvUSD from $15 million to $5 million using PayPal’s stablecoin PYUSD to better balance the reliance on various collateral assets.