Michael Egorov, founder of Curve, stated on the X platform that the current liquidity between the stablecoin crvUSD and mainstream crypto assets (mainly Bitcoin) is already very large. However, this also means that when BTC fluctuates, it may put greater pressure on crvUSD's stability, requiring consideration of how to further expand the system's capacity. This situation reminded him of the early days when USDT became the main trading stablecoin in the crypto market: at that time, the temporary de-pegging of stablecoins was not a structural problem, but rather caused by the limited throughput capacity of bank redemption channels. In contrast, crvUSD belongs to the CDP (Collateralized Debt Position) stablecoin model, thus requiring different mechanisms to address related pressures. Currently, the demand for crvUSD mainly comes from yield-based scenarios such as Yield Basis, and future adjustments will primarily focus on this side. However, as the usage of stablecoins in trading scenarios continues to increase, the scale of stablecoin adoption must expand gradually, a process that is inherently unavoidable.