STABLECOIN / USD
crvUSD
Curve USD, issued by Curve DAO. Crypto-backed lending stablecoin.
Supply snapshot: 2026-09-14. API captured 2026-09-14 12:11:00 UTC. Price-update time is not supplied by the provider. Selected document fields reviewed 2026-09-14; other fields need review.
OVERVIEW
What is crvUSD?
Curve USD (crvUSD) is a USD-denominated crypto-backed lending stablecoin stablecoin associated with Curve DAO. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
ISSUER / OPERATORCurve DAO
BACKING MODELBorrower collateral managed through LLAMMA lending markets
REDEMPTION ROUTEBorrowing, repayment and secondary-market routes; no bank-dollar claim
DOCUMENT REVIEW / 2026-09-14
What the sources establish.
The peg depends on lending-market mechanics
Curve's official stablecoin repository documents the contracts behind collateralized borrowing, monetary policy and LLAMMA liquidation behavior. This is protocol and code evidence. It does not create a claim on fiat reserves or prove the current value of every collateral position.
Read the source ↗01 / ISSUER & STRUCTURE
What supports the unit.
- ISSUER
- Curve DAO Not field-reviewed
- UNIT
- USD Not field-reviewed
- YIELD PROFILE
- No base-token yield Not field-reviewed
- ATTESTATION
- Onchain accounting + contract audits Not field-reviewed
- REGULATORY POSTURE
- DAO-governed protocol Not field-reviewed
- REDEMPTION
- Borrowing, repayment and secondary-market routes; no bank-dollar claim Source · 2026-09-14 ↗
02 / INTERPRETATION
How to read this record.
Only fields with their own dated source link were checked in the latest document review. Other descriptions remain historical reference material, even when a general source link is available.
Market cap is estimated as dated token supply multiplied by the USD price captured from the API. The two inputs are not guaranteed to be simultaneous. Supply change compares exact 30-day history points in token units, not dollar value or investment return. Network counts include tracked bridges.
03 / QUESTIONS
Common questions about crvUSD.
What is crvUSD?
Curve USD (crvUSD) is a USD-denominated crypto-backed lending stablecoin stablecoin associated with Curve DAO. This profile separates a market snapshot dated 2026-09-14 from issuer-document reviews.
Who issues crvUSD?
The Stablrcoin record identifies Curve DAO as the issuer, operator or governing organization associated with Curve USD. The exact legal role can differ between company-issued tokens and decentralized protocols, so the linked primary source remains authoritative.
What backs crvUSD?
The directory describes the reserve or collateral model as Borrower collateral managed through LLAMMA lending markets. That field has a dated source in the document review from 2026-09-14.
Can crvUSD be redeemed?
The recorded redemption route is: Borrowing, repayment and secondary-market routes; no bank-dollar claim. The route has a dated source in the document review from 2026-09-14. Eligibility, minimums, settlement windows and fees can still depend on the issuer, account type and jurisdiction.
Does crvUSD pay yield?
The listed yield profile is No base-token yield. Yield from a separate wrapper, savings product or protocol position is not the same as yield built into the stablecoin itself and can introduce additional risks.