TLuna, the sibling cryptocurrency of the contentious stablecoin TerraUSD, has plummeted to less than $0. TerraUSD, or UST, has been thrust into the limelight in recent days when the so-called stablecoin, which is intended to be tied one-to-one with the US dollar, plummeted below $1. UST is a code-based algorithmic stablecoin that uses a sophisticated […]
The post The controversial stablecoin related to the cryptocurrency luna has lost its peg, thereby rendering it unusable. appeared first on BOL News.
from Top Gadgets, Tech News, Tech Products, Tech Update 2022 - BOL News . https://ift.tt/qKeLaYP
No comments:
Post a Comment