The Terra Luna Foundation has added Avalanche (AVAX) to its UST Reserve. Terra has bought AVAX coins worth $100 million making Avalanche the second Layer 1 digital currency to be added to Terra’s UST ...
Tag: UST
UST staking goes live on Binance as Anchor reserves fall
On Wednesday, centralized cryptocurrency exchange Binance launched its new TerraUSD (UST) staking program. Although Binance did not name the underlying decentralized finance protocol responsible for t...
How will BNB grow as Binance.US raises $200M and UST staking goes live
BNB BNB/USD is the cryptocurrency token that was developed by Binance and originally launched in 2017. It is a cryptocurrency that is primarily used as a means for paying for transactions as well as f...
Terra Founder Addresses Concerns on Any Loss of Bitcoin Peg to UST Stablecoin
Terra’s parent entity Luna Foundation Guard (LFG) has been on a massive Bitcoin acquisition spree to peg BTC to its stablecoin UST. Terraform Labs founder Do Kwon recently said that he’s even willing ...
Terra’s Do Kwon Announces Revolutionary Liquidity Pool Launch with UST, USDT, USDC and FRAX
Vladislav Sopov New instrument for liquidity providers will unlock previously unseen opportunities Contents Terra introduces new standard for stablecoin liquidity Terra USD (UST) makes it to Ethereum ...
Crypto exchange OKX to offer trading pairs for BTC, ETH against Terra’s UST
Trading pairs of UST stablecoin with flagship cryptocurrencies like bitcoin, ethereum and others is available on crypto exchange One of the leading crypto spot and derivatives trading exchanges platf...
Terra’s UST Criticized by Peter Schiff, Here’s Why
Vladislav Sopov Terra’s Bitcoin (BTC) journey does not impress Peter Schiff; Dr. Doom claims there is a better option for UST Contents Peter Schiff proposes crypto gold standard for the first ti...
Terra founder reveals what will happen to UST if Bitcoin price crashes
Terraform Labs CEO Do Kwon has conceded that a crash in the price of Bitcoin (BTC) would be “negative” for the stability of the TerraUSD (UST) stablecoin but that he expects Bitcoin to go up. Terrafor...
Terra Founder Thinks UST will fall If Bitcoin Crashes
Terra Founder Don Kwon has been busy with the Terra project lately. He was speaking about Bitcoin (BTC) and the impact of its price on TerraUSD (UST) during an interview on the Unchanged podcast. Kwon...
How will the $12B deposited UST in ANC impact its value?
Anchor Protocol ANC/USD is essentially a saving, lending as well as borrowing platform that has been developed on top of the Terra LUNA/USD blockchain network. The main goal of this DeFi product is to...
How Will Bitcoin Price Crash Influence UST? Highlights Terra Founder
Terra Founder Do Kwon recently expressed his views on Bitcoin and UST. He highlighted that he is betting on the long term growth of Bitcoin price and is not really worried about the short term volati...
Terra-Based Anchor Protocol Hits $12b in Total UST Deposits
The growth and successes of the Decentralized Finance (DeFi) protocol are marked by a number of markers, one of which is the total assets deposited on the protocol. For Anchor Protocol, a lending and ...
Terra’s UST Reserve Hits New Milestone Above 30,700 BTC ($1.4B)
Terra, a blockchain project that allows developers to build decentralized applications, has purchased an additional $139 million worth of bitcoin, pushing the project’s total reserve above 30,700 BTC...
Terra Foundation Aims To Bring UST Bitcoin Reserve To $10 Billion
The Terra blockchain has set the lofty goal of solidifying the status of its core innovation, algorithmic stablecoins. Do Kwon, the founder of Terra, has stated that the blockchain is aiming to become...
$UST Plans to Be The First To Enforce Bitcoin Standard: Highlights Terra Founder
UST will be the first internet native currency to carry out a Bitcoin standard in its monetary policy, Highlighted by Terra Founder Do Kwon. He thinks that the high-interest rate is a reflection...
$125 million BTC bought by Terra (UST)
Terra bought one more huge cluster of BTC It is known for its UST stablecoin, en route to obtaining $125 million worth of digital money A gigantic purchasing binge could be the essential fuel for th...
Terra’s UST Stablecoin Now Interacts with Bitcoin “Natively”: Here’s How
Vladislav Sopov In Thorchain (RUNE), Terra USD can be exchanged for Bitcoin (BTC) natively, Erik Voorhees of ShapeShift reports Contents UST/BTC exchange on Thorchain: native, decentralized, low-fee T...
Terra (UST) Buys $125 Million Worth of BTC out of $11.2 Billion Planned to Acquire in Three-Month Period
Arman Shirinyan A series of large BTC purchases may greatly affect the market in the next few months, here’s how Terra, known for its UST stablecoin, purchased another large batch of BTC on its ...
Terra’s Assets LUNA, UST Go Live on Venus Protocol: Details
Vladislav Sopov Decentralized finance (DeFi) protocol Venus integrates two mainstream Terra tokens. Why is this important? Contents Venus Protocol integrates UST, LUNA markets Terra’s DeFi ecosy...
Terra (LUNA) Founder Is Planning $10 Billion Bitcoin Reserve for UST
Terra founder Do Kwon in a tweet on Tuesday revealed plans to increase UST’s bitcoin reserves to $10 billion. The Luna Foundation Guard has already raised $2.2 Billion and plans to meet the short-term...
Venus Protocol Announces Launch of LUNA and UST Markets – crypto.news
On Tuesday, March 22nd, Venus Protocol announced the launch of the LUNA and UST markets. This announcement follows a recent governance decision by the Venus protocol community. While these markets are...
LUNA Sees 17% Loss In One Week, UST De-Peg Rumors Affect Its Price?
As the crypto market sees some relief over the past week, the price of LUNA trends to the downside. The worst performer in the top 10 by market cap, the Terra native cryptocurrency appears at risk of ...
LUNA Price Plunge To $75 Appears Inevitable! Will Terra’s UST Compel A 60% Dump?
The world of cryptocurrencies has been witnessing its digital assets striding to the limelight. As folks from the business pin hawkish sight on prominent crypto assets. One amongst the many, is Terra,...
$4m LUNA burn to mint UST by Luna Foundation Guard
LUNA worth $4m will be burnt to mint UST by LFG It will further raise $372 million in collateral to carry out expansion projects The foundation holds $8 million Terra coins that will lead to future g...
Terra (LUNA) Community Burns 4 Million LUNA Tokens To Build TerraUSD (UST) Reserves
The Luna Foundation Guard (LFG), a blockchain community centered around the Terra network, said it had burnt 4 million LUNA tokens to mint about 372 million of the stablecoin TerraUSD (UST). The UST ...
Top ETH Whales Purchases 42 Million Terra (UST)
The data from WhaleStats, a whale tracking service, reveals that top ETH whales acquired over 42 million Terra(UST) in the past 24 hours. This, the whales purchased in four transactions. In the ...
Skyrocketing Stablecoin Economy, Close To $200B, USDN, UST Put A Booster
During previous 12 months, stablecoins are leaping higher and have grown hugely and present valuation today is just a few steps away from marking $200 Billion. This month, 2 of the most significant ga...
Stablecoins Now At $187 Billion, UST And USDN Volume On The Rise
There has been fast growth in the stablecoin economy, with a recent total of $187 billion, which is quite near the $200 billion thresholds. Stablecoins like Terra’s UST and Neutrino Protocol’s USDN ar...
42 Million Terra (UST) Grabbed by Whales: Details
According to WhaleStats data, over 42 million Terra (UST) have been grabbed by the top ETH whales over the last 24 hours. ???? An ETH whale just bought 15,000,000 $ust ($15,060,000 USD). Transaction ...
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days – Altcoins Bitcoin News
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in t...
Terra’s UST Now Accepted in Retail: Check Out Demo
Vladislav Sopov J Terminal by Jinkou becomes first platform to make UST stablecoin suitable for retail payments Contents JINKOU brings UST to retail payments Interest in UST spikes: Luna Foundation Gu...