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UST Resumes Spiral After Quiet Day Orbiting 90 Cents

Terra’s shaky stablecoin is prompting calls for closer regulation by key U.S. officials.

TerraUSD (UST) broke its peg, falling below $1 for a second time on Monday and never regaining it. (Clive Mason/Getty Images)
TerraUSD (UST) broke its peg, falling below $1 for a second time on Monday and never regaining it. (Clive Mason/Getty Images)