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Curve DAO Approves $1 Billion crvUSD Credit Line for YieldBasis

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Curve DAO has approved a $1 billion crvUSD credit line for YieldBasis, up from $300 million. The line will expand as crvUSD liquidity grows. Curve sets the overall limit, while YieldBasis must raise individual YB market caps via governance votes. With altcoins to watch gaining traction, this move could influence the fear and greed index as market participants react to increased liquidity options.
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