The Curve DAO token, CRV, has experienced significant growth in December, rallying 500% in 30 days to reach a price of $1.33 with a market cap of $1.6 billion. The token saw a 7% correction in the past 24 hours but has seen increased trading volume and open interest, thanks to the launch of the yield-bearing stablecoin scrvUSD. ScrUSD allows users to earn rewards by holding the token and offers lending and staking strategies with a 13% annual percentage rate. The launch of scrvUSD has increased demand for the CRV token, but analysts predict a pause and potential correction before further upward movement.



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