Curve Finance considers dropping TUSD from crvUSD backing amid SEC charges

Curve Finance is considering dropping TUSD from crvUSD backing amid SEC charges. The SEC alleges TUSD was mostly backed by a risky offshore fund, not U.S. dollars. Proposed changes include reducing TUSD backing to zero and lowering PYUSD minting. In light of recent regulatory scrutiny, Curve Finance, a prominent decentralized exchange (DEX), is contemplating the […] source: https://coinjournal.net/news/curve-finance-considers-dropping-tusd-from-crvusd-backing-amid-sec-charges/