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UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest
10.5.2022
By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021
Investors Flee Terra’s Anchor as UST Stablecoin Repeatedly Loses $1 Peg
9.5.2022
Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token fell 35% during the day
UST Stablecoin Falls Below Dollar Peg for Second Time in 48 Hours
9.5.2022
The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend the UST’s dollar peg
LUNA drops 20% in a day as whale dumps Terra's UST stablecoin — selloff risks ahead?
8.5.2022
Excessive Terra supply coupled with UST supply contraction coincides with LUNA's price decline
The Risks Behind LUNA-UST Stablecoin, According to a Bearish Academic
21.4.2022
The Terra ecosystem's breakout success may be "unsustainable," University of Calgary law professor Ryan Clements said on CoinDesk TV's “First Mover.”
UST staking goes live on Binance as Anchor reserves fall
6.4.2022
Yields from Terra's flagship savings protocol will be available to more than 30 million users on Binance
Biggest future BTC whale explains why Bitcoin was chosen for 'decentralized Forex reserve'
5.4.2022
Terra co-founder Do Kwon reveals that the firm will be buying Bitcoin "in perpetuity" to back new mints of its UST stablecoin
Bitcoin hovers at $43K on Wall Street open amid growing fever over Terra's $3B BTC buy-in
22.3.2022
A major new BTC acquisition for Terra's new U.S. dollar stablecoin is getting commentators and the market excited
THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10 next?
15.3.2022
THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi."
Terra off to new record high as LUNA price outperforms market with 30% rebound in 3 days
9.3.2022
The total value locked inside the Terra blockchain system has reached an all-time high of nearly $26 billion
Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
23.2.2022
LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
22.2.2022
The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin
MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST
11.2.2022
On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is...
Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase
30.1.2022
Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last...
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
Stablecoin Flippening: UST Becomes the Biggest Decentralized Stablecoin By Market Cap
21.12.2021
UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest decentralized stablecoin in the market, closing a year of growth for the Terra ecosystem, which is...
Terra and Harmony announce DeFi partnership focused on UST stablecoin integration
7.7.2021
“Terra is excited to expand our growing portfolio of DeFi products to multiple chains and working with Harmony to bring UST and Anchor to another growing ecosystem,” said Do Kwon, co-founder and CEO of Terra