Curve to Launch Over-Collateralized Stablecoin: Founder

Key Takeaways

  • Curve Finance will be launching its own stablecoin, Curve CEO Michael Egorov indicated during a conversation with The Spartan Group co-founder Kelvin Koh.
  • Egorov said the stablecoin will have an over-collateralization mechanism, though he refused to reveal any more details.
  • The revelation comes following the recent news that DeFi lending platform Aave is planning on releasing its own stablecoin, named GHO.

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