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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
Curve Finance's new proposal considers removing TUSD as Collateral
BlockBeats News, on September 27th, according to Financefeeds, a new proposal from Curve Finance suggests removing TrueUSD (TUSD) from the collateral token list of the stablecoin Curve USD (crvUSD) on the platform. The proposal also suggests reducing the minting capacity of crvUSD using PayPal Stable Coin PYUSD from $15 million to $5 million. The proposal, submitted by 'WormholeOracle', argues that TUSD's regulatory challenges and concerns about transparency make it a risk asset for supporting crvUSD. They also point out legal issues related to TUSD, including fraud allegations by the US Securities and Exchange Commission (SEC). 'WormholeOracle' states, 'crvUSD is excessively exposed to small stablecoins, especially TUSD, with a dubious history.' The proposal recommends completely eliminating crvUSD's exposure to TUSD and emphasizes the need to diversify crvUSD's collateral base for stability.