Curve Finance: Can crvUSD propel the protocol to the top?

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crvUSD shows immense growth in the stablecoin sector.Will Curve finance be able to compete with other massive protocols in the DeFi sector?

Curve Finance’s crvUSD remained robust despite the uncertainty faced by it during market conditions. Though Revenue generated by the protocol grew, overall code commits made by the protocol fell significantly.platform, its TVL and activity were severely impacted. However, since then, the Curve protocol has gotten back up on its feet.

If crvUSD maintains its stability, it might become a preferred choice for traders, helping it gain more popularity and adoption in the crypto space.Additionally, the overall revenue generated by Curve has grown by 107% over the last month. However, Development Activity on Curve fell by 16.7% during this period. The decline in Development Activity on Curve Finance suggests fewer updates or improvements.

 

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