Terraform Labs member ezaan submitted a new proposal to the community to introduce a new gold standard for stablecoin liquidity, 4pool, which aims to increase $UST presence across Ethereum and other EVM chains. The 4pool is a new curve pool composed of $UST, $FRAX, $USDC, and $USDT. Together Terra and Frax will concentrate stablecoin liquidity across 4pools on every major chain via Curve. Initially, 4pool will be tested on Fantom, Arbitrum, and main net Ethereum.
Source Terra
Curve
Stablecoins
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