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

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in LOANS

Loans Loans Latest News, Loans Loans Headlines