The TerraUSD (UST) stablecoin recently overtook Binance USD in market capitalization, becoming the third-largest stablecoin. The total market value of the token is now $17.50 billion, slightly above BUSD’s $17.46 billion. However, actual trading in UST appeared to be lagging its peers, with 24-hour volumes coming in at $261 million, the fifth-highest among major stablecoins.
The post Terra’s UST Now The 3rd-Largest Stablecoin, But There’s A Catch appeared first on CoinGape.
Source: https://coingape.com/terras-ust-now-the-3rd-largest-stablecoin-but-theres-a-catch/