Curve DAO approves increasing YieldBasis's crvUSD credit limit from 300 million USD to 1 billion USD

Foresight News reported that Curve DAO has approved raising YieldBasis's crvUSD credit limit from 300 million USD to 1 billion USD. The 1 billion USD crvUSD represents the maximum credit limit, but it is not allocated immediately; its utilization will gradually expand as crvUSD liquidity increases. Curve sets the overall credit limit, while YieldBasis must conduct its own governance votes to raise the cap for each YB market within that limit.