UST stablecoin falls to record low amid continued market tumult
The price of algorithmic stablecoin UST fell to a new low on Monday amid continued volatility in the broader cryptocurrency market. The post UST stablecoin falls to record low amid continued market tumult appeared first on The Block.
 USTC |
$ 0.01958118
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Timeline of Terrausd
Price of algorithmic stablecoin UST drops 2% below dollar peg - The Block
The algorithmic stablecoin UST has fallen 2% below its peg to the US dollar, according to data from crypto exchange Binance. The post Price of algorithmic stablecoin UST drops 2% below dollar peg appeared first on The Block.
UST stablecoin struggles to maintain $1 parity amid crypto market turbulence - The Block
The algorithmic stablecoin UST, which is part of the Terra crypto ecosystem, is struggling to maintain parity with the dollar following a Saturday market event. The post UST stablecoin struggles to maintain $1 parity amid crypto market turbulence appeared first on The Block.
After UST's Success, a New Race for L1 Stablecoins is Here - CryptoSlate
The demand for efficient money markets is so high that not even the inflation rate at 8.5% is diminishing it. The post After UST's Success, a New Race for L1 Stablecoins is Here appeared first on CryptoSlate.
