Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
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The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market…
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An under-the-radar altcoin’s total value locked (TVL) is on the rise as its affiliated algorithmic stablecoin continues to capture more market share. Tron (TRX), a project originally designed to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
Sonic Labs has called off the launch of an algorithmic USD stablecoin because of the new regulations in the U.S. The current proposed STABLE Act includes a ban on algorithmic stablecoins for two years. Andre Cronje agreed with the decision and mentioned previous disappointments such as TerraUSD. Sonic Labs has…
Ethereum competitor Cardano (ADA) has teamed up with blockchain payments ecosystem COTI to launch a new algorithmic stablecoin. In a new blog post, COTI says that Djed, the first-ever algorithmic... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…