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CATEGORY: ust stablecoin

Stablecoin CRASH! Terra UST crashes amid Bitcoin Bear, what happened?
Author: Rudy Fares
Germany
Source: CryptoTicker
May 10, 2022 02:30

Stablecoin CRASH! Terra UST crashes amid Bitcoin Bear, what happened?

What is UST crypto and why did it lose its peg? Was it a staged attack or UST couldn't handle the crypto crash? Let's talk about UST crypto!

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Terra-Based Anchor Protocol Hits $12b in Total UST Deposits
Hong Kong
Source: Blockchain News
Apr 01, 2022 10:40

Terra-Based Anchor Protocol Hits $12b in Total UST Deposits


Anchor Protocol, a lending and borrowing protocol built atop the Terra blockchain network, its total UST stablecoins deposit has hit 12 billion, a show of the massive embrace it is currently receiving from the Terra ecosystem. (Read More)

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Binance clarifies BFUSD isnt a stablecoin as X gets Terra flashbacks
Author: Cointelegraph by Tom Mitchelhill
United States
Source: Cointelegraph.com News
Nov 20, 2024 12:00

Binance clarifies BFUSD isnt a stablecoin as X gets Terra flashbacks

Binance clarified its forthcoming BFUSD asset is not a stablecoin after crypto users showed concerns over its promise of high yields.

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