Curve launches scrvUSD stablecoin, offering low-risk auto-compounding yields.

According to Wu, CurveDAO has announced the launch of Savings crvUSD (scrvUSD), which is a yield version of its stablecoin crvUSD, allowing users to earn low-risk returns with automatic compounding by depositing crvUSD. scrvUSD utilizes Yearn Finance's V3 Vaults technology to ensure the safety and transparency of users' funds. This mechanism provides a stable source of income by distributing a portion of the interest from crvUSD borrowers to scrvUSD holders.