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Curve DAO Approves $1 Billion crvUSD Credit Limit for YieldBasis

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Curve DAO approved a $1 billion crvUSD credit limit for YieldBasis on December 12, up from $300 million. The credit cap is not immediately allocated and will expand as crvUSD liquidity grows. Curve sets the overall limit, while YieldBasis must raise individual market caps via governance votes. On-chain data shows growing interest in altcoins to watch like crvUSD, as DeFi protocols scale credit exposure.
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