![Altcoin Built on Cosmos Quietly Rallies 327% This Month As Project Launches New Stablecoin Altcoin Built on Cosmos Quietly Rallies 327% This Month As Project Launches New Stablecoin](https://dailyhodl.com/wp-content/uploads/2022/08/altcoin-built-cosmos.jpg?w=1024)
A decentralized finance (DeFi) altcoin is surging after announcing plans to release a next-generation stablecoin. In a new blog post, the creators of Kujira (KUJI) say that in response to the May collapse of Terra and its affiliated stablecoin TerraUSD, they set out to develop USK, a more robust stablecoin. Kujira, a layer-1 platform which […]
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