$22M of Curve Finance algo stablecoin minted since mainnet launch

Decentralized finance protocol Curve Finance has launched its native algorithmic U.S. dollar-pegged stablecoin, dubbed “crvUSD” on the Ethereum mainnet — minting more than $22 million worth of the crvUSD so far.from blockchain explorer Etherscan, the contract has minted more than $22 million worth of crvUSD in the past 8 hours, with $20 million of that amount minted within the first 5 minutes.

Responding to a query about when users could expect to see the stablecoin released to the public in the official Curve Finance TelegramAs many figured - deployment of crvUSD smart contracts has happened!

CurveFinance Decentralized finance (DeFi) protocol Curve Finance has launched its native algorithmic United States dollar-pegged stablecoin on Ethereum mainnet — minting more than $22 million worth of the crvUSD token so far.

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Curve Finance Deploys Native Stablecoin on Mainnet.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
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