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- #Gate Ranks Top 4 Exchange#
Gate has reached the Top 4 global crypto derivatives exchanges on CoinMarketCap, with a 24-hour trading volume exceeding $15 billion. Enjoy some of the lowest fees in the industry—maker fees as low as 0.015%. Gate is committed to providing users with a more efficient and cost-effective trading experience, making it your top choice for crypto trading!
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
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- 🎁 Gate Alpha Airdrop Alert!
To celebrate the listing of $EGL1 on Gate Alpha @GateioAlpha
A limited-time airdrop campaign is now live — with 149,254 EGL1 up for grabs!
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Curve Finance's new proposal considers removing TUSD as Collateral
BlockBeats News, on September 27th, according to Financefeeds, a new proposal from Curve Finance suggests removing TrueUSD (TUSD) from the collateral token list of the stablecoin Curve USD (crvUSD) on the platform. The proposal also suggests reducing the minting capacity of crvUSD using PayPal Stable Coin PYUSD from $15 million to $5 million. The proposal, submitted by 'WormholeOracle', argues that TUSD's regulatory challenges and concerns about transparency make it a risk asset for supporting crvUSD. They also point out legal issues related to TUSD, including fraud allegations by the US Securities and Exchange Commission (SEC). 'WormholeOracle' states, 'crvUSD is excessively exposed to small stablecoins, especially TUSD, with a dubious history.' The proposal recommends completely eliminating crvUSD's exposure to TUSD and emphasizes the need to diversify crvUSD's collateral base for stability.