Gauntlet Proposes Removal of Stablecoins from Euler Yield

According to Foresight News, DeFi risk management protocol Gauntlet has introduced a new proposal to the Euler community, suggesting the removal of rUSD and srUSD from Euler Yield. The supply of these stablecoins has significantly decreased over the past 30 days, with the total supply now below $20,000. Gauntlet anticipates that there will not be substantial user demand for these stablecoins in the futureusd$USDC

USDC

1.0001

0.00%

USD1

0.9996

0.00%