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3232Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
https://www.digit.info/terras-algorithmic-dollar-pegged-crypto-ust-is-now-the-third-largest-stablecoin/
Mon, 18 Apr 2022 18:00:18 +0000https://www.digit.info/2022/04/18/terras-algorithmic-dollar-pegged-crypto-ust-is-now-the-third-largest-stablecoin/Read more]]>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 capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin Terrausd Surpasses BUSD’s Market Valuation There’s a new leader in the world of stablecoins, […]
]]>Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
https://www.digit.info/terra-proposal-seeks-to-expand-ust-stablecoin-to-5-different-defi-protocols/
Mon, 10 Jan 2022 14:30:00 +0000https://www.digit.info/2022/01/10/terra-proposal-seeks-to-expand-ust-stablecoin-to-5-different-defi-protocols/Read more]]>On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes […]
]]>5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap
https://www.digit.info/5-dollar-pegged-tokens-command-94-of-the-swelling-135-billion-stablecoin-market-cap/
Sun, 24 Oct 2021 15:30:26 +0000https://www.digit.info/2021/10/24/5-dollar-pegged-tokens-command-94-of-the-swelling-135-billion-stablecoin-market-cap/Read more]]>During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in stablecoins but the top five collectively represent 94.40% of that total. While the largest stablecoin in terms of market cap increased by 2% over the […]