Curve will launch a stablecoin and the announcement impacts the price of the native token
Key facts: Curve, like MakerDAO and Aave, will have its own decentralized stablecoin. Decentralized stablecoins are often backed by other cryptocurrencies. Curve, a decentralized finance (DeFi) platform specialized in the exchange of stablecoins, is in the development stage of its own decentralized stablecoin. Curve founder Michael Egorov advancement that the stablecoin will be “overcollateralized” and …