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Terra Death Spiral Hits $3 as Bailout Rumors Fade

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Terra Death Spiral Hits $3 as Bailout Rumors Fade

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Source: Crypto Briefing

Terra has continued to collapse as the blockchains UST stablecoin has failed to regain its dollar peg. Rumors that a venture capital-backed bailout has fallen through have added increased downward…

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Author: Timothy Craig

Related posts:

  1. Luna Foundation Guard Prepares $1,500,000,000 in Bitcoin (BTC) and TerraUSD (UST) To Protect Stablecoin Peg
  2. Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
  3. Terra peg mechanism in doubt as UST crashes to 67 cents
  4. UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
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