Curve stablecoin is in the works, despite regulatory scrutiny

07/21 23:46

Exchange liquidity pool Curve is looking to launch its first native stablecoin. The firm’s chief executive, Michael Egorov, in a virtual appearance Thursday said the stablecoin is slated to be overcollateralized. “That’s all I can say for now,” Egorov said, without specifying a launch date. Egorov did not elaborate on specific assets set to serve as reserves for the new product.
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