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TerraUSD UST

The Interchain Stablecoin
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TerraUSD is an algorithmic stablecoin, where the cost of minting is equal to the face value of the stablecoins minted — in order to mint 1 TerraUSD, only $1 worth of the reserve asset ($LUNA) must be burned. TerraUSD monetary policy is infinitely scalable — helping DeFi apps and protocols achieve their full potential without restrictions.


Recent News
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‘Zone of heavy opportunity’: Analysts tip Bitcoin will stage a comeback
Apr 14 · The Cointelegraph · Several popular cryptocurrency analysts believe the future looks green for Bitcoin (BTC) as it reclaimed the $40,000 mark in a 3.5% swing following a week-long dip.
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Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?
Apr 11 · The Cointelegraph · Terra (LUNA) price slid on April 11 as a broader correction across crypto assets added to the uncertainties concerning its token burning mechanism.
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Terra’s founder plans to back its stablecoin with a ‘basket’ of cryptocurrencies –
Apr 06 · TechCrunch · There have been many headlines in the past few weeks surrounding the choices of Do Kwon, the founder of Terraform Labs, which created the crypto tokens LUNA and stablecoin TerraUSD (UST).
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Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength
Apr 06 · The Cointelegraph · Bitcoin (BTC) has been struggling to break the $47,000 resistance and even with today’s drop below $44,000 there is still mounting evidence that the market structure is healthy.
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Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K
Apr 06 · The Cointelegraph · Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC.
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