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Tag: UST

“We’re not the identical” – Tether, USDC and MakerDAO distance themselves from Terra’s failed UST stablecoin
Blockchain

“We’re not the identical” – Tether, USDC and MakerDAO distance themselves from Terra’s failed UST stablecoin

May 14, 2022May 14, 2022

“We’re not the identical” – Tether, USDC and MakerDAO distance themselves from Terra’s failed UST stablecoin

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Terra’s white knight- $95B asset supervisor to take a position $3B to avoid wasting UST
Blockchain

Terra’s white knight- $95B asset supervisor to take a position $3B to avoid wasting UST

May 13, 2022May 13, 2022

GAM Holdings has revealed that it’s in talks with Terraform Labs because it seeks to inject as much as $3 billion in UST to reserve

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Do Kwon unveils his grasp plan to avoid wasting UST as LUNA crashes 98%
Blockchain

Do Kwon unveils his grasp plan to avoid wasting UST as LUNA crashes 98%

May 11, 2022May 11, 2022

LUNA has misplaced 97.7 % of its worth up to now week to now commerce at $1.96, with UST sinking farther from its $1 peg

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Terra UST Collapse Exposes a Crucial Flaw in crypto trade
Blockchain

Terra UST Collapse Exposes a Crucial Flaw in crypto trade

May 10, 2022May 11, 2022

Bitcoin critic Peter Schiff explains that LUNA can’t promote sufficient Bitcoin to carry UST at $1 since Bitcoin can’t guarantee sufficient liquidity for it Terra

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Large check for Terra UST
Blockchain

Large check for Terra UST

May 10, 2022May 10, 2022

Terra’s algorithmic stablecoin UST has misplaced its peg and is coming beneath immense stress as LUNA, the token it’s pegged to, misplaced 50 % of

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Luna Basis Guard lends $1.5B as UST stablecoin loses greenback peg
Blockchain

Luna Basis Guard lends $1.5B as UST stablecoin loses greenback peg

May 9, 2022May 9, 2022

LFG revealed that it intends on lending out $750 million in BTC and an analogous quantity in UST to assist defend the peg of its

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BTC purchases for UST reserves may very well be key to Bitcoin changing into a reserve foreign money
Blockchain

BTC purchases for UST reserves may very well be key to Bitcoin changing into a reserve foreign money

April 12, 2022April 12, 2022

Terra continues to comply with Do Kwon’s plan and purchases bitcoins to offer reserves of Terra’s personal stablecoin May this ultimately result in bitcoin changing

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Terra Raises $1B for a Bitcoin-Denominated UST Stablecoin Reserve
Blockchain

Terra Raises $1B for a Bitcoin-Denominated UST Stablecoin Reserve

February 23, 2022February 23, 2022

Terra, by the Luna Basis Guard, has raised $1 billion to develop Bitcoin-denominated foreign exchange reserved for its native stablecoin, UST. The inspiration says aside

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Terra wants to spread to Ethereum and Solana with $139M UST DeFi fund
Blockchain

Terra wants to spread to Ethereum and Solana with $139M UST DeFi fund

January 7, 2022January 14, 2022

Terra has proposed injecting $139 million into Ethereum, Polygon and Solana “to convey superior UST use-cases” to DeFi tasks on these chains. UST is the

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