{"id":78154,"date":"2023-05-02T14:07:16","date_gmt":"2023-05-02T11:07:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78154"},"modified":"2025-09-11T03:22:42","modified_gmt":"2025-09-11T00:22:42","slug":"curve-finance-launches-crvusd-stablecoin-on-sepolia-testnet","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/curve-finance-launches-crvusd-stablecoin-on-sepolia-testnet\/","title":{"rendered":"Curve Finance launches crvUSD stablecoin on Sepolia testnet"},"content":{"rendered":"<p>Developers of the decentralised exchange Curve Finance have deployed on the Sepolia test network the smart contracts of the decentralised stablecoin crvUSD, according to <a href=\"https:\/\/www.theblock.co\/post\/229039\/curve-finances-crvusd-stablecoin-deployed-on-sepolia-testnet-ahead-of-ethereum-mainnet-launch\">The Block<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The US dollar\u2013pegged \u201cstablecoin\u201d will use an over-collateralisation model similar to DAI from <a href=\"https:\/\/forklog.com\/en\/news\/what-are-makerdao-mkr-and-the-dai-stablecoin\">MakerDAO<\/a>. <\/p>\n<p>The stablecoin is built on the Lending-Liquidating AMM (LLAMMA) algorithm, which continuously liquidates and automatically deposits collateral to manage risk and maintain parity with the U.S. dollar. <\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-curve\">Curve Finance<\/a> specializes in trading between stablecoins and other tokens of equal value with minimal slippage and fees.<\/p>\n<p>The platform ranks fourth by <span data-descr=\"total value locked in the smart contracts of decentralized applications\" class=\"old_tooltip\">TVL<\/span> in DeFi Llama&#8217;s overall ranking, at $4.82 billion. Meanwhile, the platform <a href=\"https:\/\/defillama.com\/protocols\/Dexes\">leads<\/a> among <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-decentralised-exchange-dex\">DEX<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"492\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Llama-2-1024x492.png\" alt=\"Llama-2\" class=\"wp-image-205875\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Llama-2-1024x492.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Llama-2-300x144.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Llama-2-768x369.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Llama-2-1536x738.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Llama-2.png 1635w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/defillama.com\/\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>\u041d\u0430 \u043c\u043e\u043c\u0435\u043d\u0442 \u043d\u0430\u043f\u0438\u0441\u0430\u043d\u0438\u044f \u043e\u0431\u0449\u0430\u044f \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u044c \u0441\u0442\u0435\u0439\u0431\u043b\u043a\u043e\u0438\u043d\u043e\u0432 \u043d\u0430 \u0440\u044b\u043d\u043a\u0435 <a href=\"https:\/\/www.theblock.co\/data\/decentralized-finance\/stablecoins\/total-stablecoin-supply\">\u0441\u043e\u0441\u0442\u0430\u0432\u043b\u044f\u0435\u0442 $128,3 \u043c\u043b\u0440\u0434<\/a>. \u041d\u0430 \u043f\u043e\u043f\u0443\u043b\u044f\u0440\u043d\u044b\u0435 \u00ab\u0441\u0442\u0430\u0431\u0438\u043b\u044c\u043d\u044b\u0435 \u043c\u043e\u043d\u0435\u0442\u044b\u00bb USDT \u0438 USDC \u043f\u0440\u0438\u0445\u043e\u0434\u0438\u0442\u0441\u044f $82 \u043c\u043b\u0440\u0434 \u0438 $29 \u043c\u043b\u0440\u0434 \u0441\u043e\u043e\u0442\u0432\u0435\u0442\u0441\u0442\u0432\u0435\u043d\u043d\u043e.<\/p>\n<p>Earlier in July 2022, crvUSD <a href=\"https:\/\/forklog.com\/en\/news\/curve-finance-to-launch-its-own-stablecoin\">became known<\/a> as part of launch preparations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers of the decentralised exchange Curve Finance have deployed on the Sepolia test network the smart contracts of the decentralised stablecoin crvUSD.<\/p>\n","protected":false},"author":1,"featured_media":78155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1426,807],"class_list":["post-78154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-curve-crv","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=78154"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78154\/revisions"}],"predecessor-version":[{"id":78156,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78154\/revisions\/78156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/78155"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=78154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=78154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=78154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}