Curve Finance's stablecoin, crvUSD, is maintaining its peg as other stablecoins struggle, emerging as a rare bright spot amidst a bear market that has hit DeFi protocols especially hard, according to Kaiko data.The chart of the day is brought to you by crypto dot com. The world's fastest growing crypto app.
Today, it stands at about $125 million compared to the defy native stable lud at 225 million and GHO at $25 million. Like curve itself curve UD is complicated and popular with D five power users like other D five stablecoins. It allows users to deposit Ethereum liquid staking derivatives to borrow the Stablecoin.