Terrausd | search
Click here to view Terrausd news from 60+ newspapers.
Bookmark or Share- What Is Terra? The Chaotic Algorithmic Stablecoin Protocol ExplainedTerraUSD (UST), produced by Terraform Labs, is one such algorithmic stablecoin. (It has others pegged to different world currencies.) It aims to maintain its peg to the U.S. dollar through a network of arbitrageurs, who buy and sell Terra’s volatile cryptocurrency, LUNA (also, confusingly, known as Terra).
- TerraClassicUSD price today, USTC to USD live price, marketcap and ...TerraUSD is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US Dollar. TerraUSD was created to deliver value to the Terra community and offer a scalable solution for DeFi amid severe scalability problems faced by other stablecoin leaders like Dai. Thus ...
- Go read this look into how the fall of TerraUSD took everything from ...May 27, 2022, 4:29 PM PDT. Illustration by Alex Castro / The Verge. The recent collapse of the TerraUSD (UST) stablecoin caught the crypto market by surprise.
- US Officials Seek $5.3 Billion Fine for Kwon, Terraform Labs (1)The US Securities & Exchange Commission wants to impose a $5.3 billion fine on Terraform Labs Pte. and its co-founder Do Kwon, the inventor of the failed TerraUSD stablecoin. Details of the proposed fine, which would be the crypto industry’s largest, come after Kwon and Terraform were found liable for fraud earlier in April following a two ...
- US regulator seeks $5bn penalty against Do Kwon and Terraform LabsTerraform Labs collapsed in May 2022 after its flagship crypto token TerraUSD — which was designed to track the price of the dollar — lost its peg, triggering a crisis in the wider digital ...
More
