Tron Founder Justin Sun Alleviates Curve Finance’s Looming Bad Debt Situation

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Tron founder justinsuntron stepped in early Tuesday to protect against a possible bad debt situation stemming from falling curve (CRV) token prices. By shauryamalwa

“Excited to assist Curve!,” Sun tweeted Tuesday. “As steadfast partners, we remain committed to providing support whenever needed.”

“Our joint efforts will introduce an @stusdt pool on Curve, amplifying user benefits. Together, we aim to empower the community and forge decentralized finance,” Sun added. stUSDT is described as the “first real-world asset protocol on the Tron Network.” Curve Finance, a stablecoin swapping giant, suffered a Sunday exploit that drove down the price of the CRV token, putting a $168 million stash of

 

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