Find this very curious. $CRV is supposed to be the main stablecoin trading venue, yet hasn't kept up with supply at all Stablecoins 2x supply from the bottom in the same period yet Curve TVL (even accounting for ETH pumping) is still stable. In notional terms that's +$150b stablecoin TVL pumped into the system yet the main stablecoin trading venue got none of it It's main selling point is dead in the water. Fundamentally this is a cause of concern for the eco. Yet Curve always worked as intended. It just can't attract TVL to pump up revenue. So what's wrong here? Why can't Curve grow?
Curve still has quite some TVL to recover to get back to it's old self. Sitting between $2-2.5b, would need to get back to $6b. Maybe sooner could get the flywheel to work A lot more stables around but Curve isn't benefiting from it yet. RWAs could possibly help recoup TVL
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