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3232Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
https://www.digit.info/terra-supporters-hope-to-defy-the-odds-by-pumping-the-now-defunct-stablecoin-ustc-back-to-1-parity/
Mon, 28 Nov 2022 17:05:49 +0000https://www.digit.info/2022/11/28/terra-supporters-hope-to-defy-the-odds-by-pumping-the-now-defunct-stablecoin-ustc-back-to-1-parity/Read more]]>It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe there’s a chance USTC can regain its […]
]]>Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins
https://www.digit.info/cryptos-barren-wasteland-a-look-at-whats-left-of-terras-defi-and-token-ruins/
Sat, 21 May 2022 16:30:03 +0000https://www.digit.info/2022/05/21/cryptos-barren-wasteland-a-look-at-whats-left-of-terras-defi-and-token-ruins/Read more]]>Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second to Ethereum in terms of total value locked. Today, the remaining […]