Curve mulls dropping TUSD as crvUSD backing after SEC charges
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin.
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The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin.
The securities regulator claims the token is undercollateralized and its backing funds are in a risky overseas investment.
