Tag: USTC

Terra Tokens LUNA, USTC, LUNC Rocket on Bitcoin Linking and Burn Program

Terra Tokens LUNA, USTC, LUNC Rocket on Bitcoin Linking and Burn Program

Several tokens tied to the two Terra ecosystems – Terra 2.0 and Terra Classic – more than doubled over the past week, extending year-to-date gains to [...]
Terra’s USTC and LUNC Crypto Tokens Skyrocket on BTC-Based Comeback Plan

Terra’s USTC and LUNC Crypto Tokens Skyrocket on BTC-Based Comeback Plan

LUNC is up roughly 60% this week, including a nearly 20% rise over the past 24 hours, CoinDesk data shows. USTC, meanwhile, has almost quadrupled in p [...]
Terra Classic Community Passes Vote Ending USTC Minting as Revival Efforts Continue

Terra Classic Community Passes Vote Ending USTC Minting as Revival Efforts Continue

Algorithmic stablecoins like USTC are backed by a basket of assets, such as LUNA and bitcoin (BTC), without depending on any centralized third party t [...]
Terra Classic community elects to cease USTC minting

Terra Classic community elects to cease USTC minting

The Terra Classic community has voted in favor of ceasing all minting and reminting activities related to TerraClassicUSD (USTC), with the objective o [...]
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