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Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest StablecoinThe 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, […]

Chainlink Collaborates With Microsoft on CBDC Commissioned By Brazil’s Central Bank

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi ProtocolsOn 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 […]

Chainlink Collaborates With Microsoft on CBDC Commissioned By Brazil’s Central Bank

5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap

5 Dollar-Pegged Tokens Command 94% of the Swelling 5 Billion Stablecoin Market CapDuring 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 […]

Chainlink Collaborates With Microsoft on CBDC Commissioned By Brazil’s Central Bank