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Tag: Repeg
USDc and DAI Re-Peg – Trustnodes
USDc is back to being worth precisely one dollar after it fell to as low as 88 cent following revelations Circle held $3 billion in the Silicon Valley Bank (SVB). The near collapse of SVB, which at so...
LUNC and USTC Surge as Signal Proposal to Re-peg USTC Passes
Both tokens post double-digit gains despite major crypto assets price correction. Terra Luna Classic (LUNC) and TerraClassicUSD are up 16.88% and 63.33%, respectively, in the last 24 hours. It comes a...
Terra USTC surges 66% following approval to re-peg to $1
Terra Classic Stablecoin Terra UST (USTC) has surged over 66% following a governance approval to re-peg the stablecoin. Similarly, Terra Classic (LUNC) is also up 17.3% on the news, according to Crypt...
Waves Break Silence Over DAXA Investigation, USDN Stablecoin Fails to Repeg
It has been a tough year for algorithmic stablecoins. Historically, these pegged tokens have failed to maintain a grip on $1, especially under extreme selling pressure. But the Terra collapse has been...
LUNC, USTC Might Repeg Once This Requirement Is Met: Terra Developer
Will Chen, a Terra developer, believes that the USTC repeg may be possible if the community’s efforts make significant progress or gain momentum. He says that the USTC repeg is the first of its ...
New Development in LUNC Can Help UST Re-peg Back to $1
Luna Classic (LUNC), formerly known as LUNA, TerraUSD Classic (USTC), and Luna 2.0 (LUNA) are all parts of the Terra ecosystem. On Monday, the developers of the Terra ecosystem submitted a revised exp...
Terra Classic Core Developer Proposes To Run Both USTC Re-peg Proposals In Parallel
– Advertisement – Edward Kim proposes to run both USTC re-peg proposals in parallel. In a tweet on Tuesday, TerracVita, a subgroup of the Terra Rebels, shared a discord message where Ter...
Terra USTC spikes 33% after talks of re-peg
De-pegged Terra Classic stablecoin, Terra UST (USTC), rose by over 30% after the emergence of a proposal by Terra classic core developer Tobias Andersen to re-peg the token. The proposal Andersen expl...
Terra Classic USD (USTC) Stablecoin Soars 40% on Re-Peg Proposal
The field of algorithmic stablecoins has taken a massive hit after the infamous collapse of the entire Terra ecosystem (including UST). Following the crash, the community got split into two – those wh...
TerraClassicUSD jumps over 35% in 24 hours as re-peg proposal emerges
After the broadly publicized collapse of Terraform Labs’ stablecoin TerraUSD (UST) and its native token Terra (LUNA), the stablecoin now under the name TerraClassicUSD (USTC) has seen its price rally ...
Terra classic’s New Re-Peg Proposal, USTC Spike Double
The Terra’s new chain Terra Classic (LUNC) developers are striving to regain the lost trust with their everyday new updates. Though the ride has been a difficult one since the crash of Terra (LUNA) in...
Terra Classic USD (USTC) Spikes In Response To New Re-Peg Proposal By LUNC Core Developer
– Advertisement – Following Zaradar’s USTC re-peg proposal, USTC has seen double-digit percentage gains. TerraClassicUSD (USTC) has surged in the last 24 hours following the release of the...
New Terra Classic Re-peg Proposal Faces Stiff Resistance From LUNC Community
– Advertisement – Some members of the Terra Rebels have made a new proposal to restructure USTC, but there is a catch. In a tweet on Monday, Alex Forshaw, a member of the Terra Classic dev...
Terra Classic Community Proposes Repeg Idea for USTC; How Far Will This Fly?
Three members of the Terra Classic community have penned their thoughts on how to achieve re-pegging for USTC and LUNC. New re-peg plan for #USTC and #LUNC sounds bullish ! LFG pic.twitter.com/IslMBMq...