Curve Finance, a DeFi system, launched its much anticipated native stablecoin crvUSD on the Ethereum mainnet Wednesday afternoon. According to blockchain statistics on Etherscan, the contract created a total of $20 million in crvUSD tokens in five transactions in five minutes. Following the issuance of the first tokens, a blockchain intelligence firm Arkham Intelligence’s Curve.Fi Team created a $1 million crvUSD loan using $1.8 million of frxETH, a type of ether (ETH) derivative token issued by DeFi protocol Frax Finance. Curve confirmed the deployment later that day on Twitter.