BTC $84,929.35 +0.25%
ETH $2,683.09 -0.60%
BNB $773.53 +0.39%
XRP $1.50 -0.03%
SOL $119.63 +1.07%
TRX $0.3361 +0.38%
DOGE $0.0947 -0.15%
ADA $0.2511 +0.55%
BCH $310.02 +0.87%
LINK $14.14 -1.27%
HYPE $88.80 +0.94%
AAVE $182.26 +8.35%
SUI $1.15 -0.30%
XLM $0.2205 +0.15%
ZEC $1,359.54 +0.05%
AAPL $333.31 +1.27%
AMZN $251.32 +0.85%
GOOGL $343.70 +1.38%
MSFT $515.04 -0.03%
META $729.23 +0.11%
NVDA $234.40 +1.52%
TSLA $371.24 +3.81%
SNDK $1,720.98 -4.02%
INTC $119.84 -1.54%
SPCX $157.29 +4.43%
MU $1,078.41 +0.51%
AMD $629.84 +2.05%
BTC $84,929.35 +0.25%
ETH $2,683.09 -0.60%
BNB $773.53 +0.39%
XRP $1.50 -0.03%
SOL $119.63 +1.07%
TRX $0.3361 +0.38%
DOGE $0.0947 -0.15%
ADA $0.2511 +0.55%
BCH $310.02 +0.87%
LINK $14.14 -1.27%
HYPE $88.80 +0.94%
AAVE $182.26 +8.35%
SUI $1.15 -0.30%
XLM $0.2205 +0.15%
ZEC $1,359.54 +0.05%
AAPL $333.31 +1.27%
AMZN $251.32 +0.85%
GOOGL $343.70 +1.38%
MSFT $515.04 -0.03%
META $729.23 +0.11%
NVDA $234.40 +1.52%
TSLA $371.24 +3.81%
SNDK $1,720.98 -4.02%
INTC $119.84 -1.54%
SPCX $157.29 +4.43%
MU $1,078.41 +0.51%
AMD $629.84 +2.05%

Curve 创始人:稳定币采用速度过快放大波动风险,crvUSD 需分阶段扩张

2026-02-05 18:53:56

ChainCatcher 消息,Curve 创始人 Michael Egorov 在 X 平台表示,当前稳定币 crvUSD 与主流加密资产(主要是比特币)之间的流动性规模已非常庞大,但这也意味着当 BTC 波动时,可能对 crvUSD 定产生更大压力,需要思考如何进一步扩展体系容量,这一情况让他联想到早期 USDT 成为加密市场主要交易稳定币时的阶段:

当时稳定币短暂脱锚并非结构性问题,而是银行赎回通道吞吐能力有限所导致,相比之下 crvUSD 属于 CDP(抵押债仓)稳定币模型,因此需要从不同机制层面应对相关压力。

目前 crvUSD 需求主要来自 Yield Basis 等收益型场景,后续也将主要从该侧进行调节,但随着稳定币在交易场景中使用度不断提升,稳定币采用规模必须以渐进方式扩张,这一过程本身是不可避免的。

app_icon
ChainCatcher 与创新者共建Web3世界