The $crvUSD supply is so erratic. I don't know exactly which component drives those sudden peaks in adoption/utilisation and then decreases. I would say @yieldbasis likely.
But it is on quite a downtrend recently. The savings $scrvUSD cannot keep a smooth yield APY high enough.
For @CurveFinance to stay relevant in DeFi long term, I think it really needs its stablecoin to succeed. $CRV needs this. But I wouldn't be comfortable betting on it succeeding right now.
We will see if @newmichwill has a few tricks up his sleeves still.
