scrvUSD is currently offering some of the highest organic stablecoin yield in all of DeFi @ 7.4% That's much higher than the 4% $sUSDe offers, or the 3.5% average supply rate of $USDC, $USDT on AAVE, or even Hyperliquid's HLP vault, which is currently offering 6% APR on USDC deposits! Savings $crvUSD holders have been receiving record distributions since start of June due to elevated borrow rates📊📈 The savings rate has steady increased since the beginning of May: The rising yields have attracted a lot of new depositors into the savings vault in May, June. On June 26th, scrvUSD supply hit a record high of $50.7m The solid performance of scrvUSD over the past 2 months has stabilized the crvUSD peg considerably as @CurveFinance noted in this post: If scrvUSD APY continues to climb and rises above 8%, or even 9-10% into July and August, demand for crvUSD could rise considerably. $CRV $CVX