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

CoinNetwork · 2026-02-05T11:00:13+00:00

Curve founder Michael Egorov pointed out that the liquidity scale of crvUSD and Bitcoin is huge, but Bitcoin's volatility could put pressure on crvUSD. He mentioned that the system capacity needs to be expanded to handle this situation, especially in yield-generating scenarios, where the use of stablecoins must be gradually increased.

CoinNetwork

2026-02-05 11:00:13

Abstract generation in progress

According to Coin World News, Curve founder Michael Egorov said on the X platform that the current scale of liquidity between the stablecoin crvUSD and mainstream crypto assets (mainly Bitcoin) is very large, but this also means that when BTC fluctuates, it may put more pressure on crvUSD and need to think about how to further expand the system capacity, which reminds him of the early USDT The stage when it became the main trading of stablecoins in the crypto market: At that time, the temporary de-pegging of stablecoins was not a structural problem, but a result of the limited throughput capacity of bank redemption channels. Currently, crvUSD demand mainly comes from yield-based scenarios such as Yield Basis, and will be mainly adjusted from this side in the future, but as the use of stablecoins in trading scenarios continues to increase, the scale of stablecoin adoption must expand gradually, and this process itself is inevitable.

CRVUSD0,21%

BTC1,29%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.