WebApr 10, 2024 · coinfeeds-bot • 2 hr. ago. tldr; Tether USD (USDT), the largest stablecoin by market capitalization, is witnessing an impressive surge in its valuation, having recently hit an 11-month-high market cap. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) have each observed record declines in their respective market capitalizations. WebMay 11, 2024 · UST’s developers created another cryptocurrency, called Terra (Ticker: LUNA), to help maintain the value of the stablecoin. Ideally, holders of UST can trade it …
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WebMay 10, 2024 · UST is an algorithmic stablecoin developed by the Terra Foundation. In theory, it acts as a cryptocurrency with a “stable” price. Crypto traders can in turn swap to it when the crypto market is volatile in order to hedge heavy price fluctuations. In order to keep its peg, UST does not have an actual “cash reserve” like other stablecoins. WebMay 12, 2024 · From $30 billion just last week, the luna cryptocurrency’s market value plunged to $79 million this week. Its sister stablecoin, UST, which is supposed to be pegged one-to-one to the U.S. dollar, plunged below 37 cents Thursday. The crash was the kind of risk in the fast-growing crypto market that regulators have been warning about. It also ... small eyeglass nose pads
TerraClassicUSD Price: USTC Live Price Chart & News CoinGecko
WebMay 17, 2024 · UST's downfall could have short-term and long-term ripple effects, especially as skeptical legislators like Elizabeth Warren survey the damage. ... Before Terra’s crash, cryptocurrency values ... WebMay 4, 2024 · TerraUSD (or UST) is a decentralized, scalable, interest-bearing, and algorithmic stablecoin offering a wide range of features. In particular, it is famous for its predominantly infinitely... WebLast Five Real-Time Trades. Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly ... songs about being scared to lose someone