Curve DAO approved increasing the credit line of YieldBasis's crvUSD to 1 billion dollars

Curve DAO announced that it has approved increasing the credit line for YieldBasis's crvUSD from $300 million to $1 billion. This credit line is the maximum credit limit but is not allocated immediately; its usage will gradually expand as the liquidity of crvUSD increases.

Curve sets the overall credit limit, while YieldBasis must raise the limits for each YB market within that credit line through its own governance voting.