Curve DAO Approves YieldBasis crvUSD Credit Line Increase to $1 Billion

Curve DAO approved raising YieldBasis's crvUSD credit line from $300 million to $1 billion on Dec. 12, BlockBeats reports. The $1 billion figure represents a maximum limit rather than an immediate allocation, with usage expected to scale as crvUSD liquidity grows. While Curve DAO sets the overall credit ceiling, YieldBasis must raise caps for individual YB markets through separate governance votes.