Curve Founder: The rapid adoption of stablecoins amplifies volatility risks; crvUSD needs to expand gradually.

Odaily Planet Daily reports that Curve founder Michael Egorov stated on the X platform that the current liquidity scale between the stablecoin crvUSD and mainstream cryptocurrencies (mainly Bitcoin) has become very large. However, this also means that when BTC fluctuates, it could put greater pressure on crvUSD, prompting the need to consider how to further expand the system’s capacity. This situation reminded him of the early stage when USDT became the main trading stablecoin in the crypto market: at that time, brief de-pegging of stablecoins was not a structural issue but caused by the limited throughput of bank redemption channels. In comparison, crvUSD belongs to the CDP (Collateralized Debt Position) stablecoin model, so it requires different mechanisms to address related pressures. Currently, the demand for crvUSD mainly comes from yield-based scenarios such as Yield Basis, and future adjustments will primarily focus on this side. However, as the usage of stablecoins in trading scenarios continues to increase, the scale of stablecoin adoption must expand gradually, and this process is inherently unavoidable.