DeFi token behind Curve Finance jumps 15% amid stablecoin news

DeFi token behind Curve Finance jumps 15% amid stablecoin news

Curve DAO Token (CRV), the native token of Curve protocol, has rallied more than 15% over the past 24 hours.

The primary driver behind today’s bullish price action is the upcoming launch of Curve stablecoin. The launch of an over-collateralized stablecoin by Curve was confirmed by Michael Egorov, the Founder of Curve, at a web3 summit.

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