According to COINOTAG News on December 12, Curve DAO approved a major uplift to YieldBasis‘s crvUSD credit facility, increasing the ceiling from $300 million to $1 billion.

The elevated limit serves as a maximum facility rather than an immediate draw, and utilization will advance progressively in step with crvUSD liquidity growth, while maintaining defined risk controls.

Despite the higher ceiling, actual deployment hinges on YieldBasis‘s governance vote to raise its own market cap within the umbrella limit; Curve upholds the overall line to guard systemic exposure.