Terra


Policy

New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg

The Federal Reserve's biannual report came out on the same day Terra's dollar-pegged UST stablecoin fell below $0.85.

U.S. Treasury Undersecretary for Domestic Finance Nellie Liang is among U.S. officials warning about run risks in stablecoins. (Win McNamee/Getty Images)

Markets

Investors Flee Terra’s Anchor as UST Stablecoin Repeatedly Loses $1 Peg

Deposits on the Anchor protocol plunged below $9 billion from $14 billion since Friday after Terra’s stablecoin, UST, struggles to recover to $1. ANC, the protocol’s token, fell 35% during the day.

(Shutterstock)

Videos

BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents

TheoTrade Co-founder Don Kaufman shares his bitcoin price analysis as the “digital gold” dropped over 10% during the last 24 hours. How is BTC correlated with the Nasdaq and S&P 500?

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Finance

UST Stablecoin Loses Dollar Peg for Second Time in 48 Hours, LUNA Market Cap Falls Below UST's

The development comes after the Luna Foundation Guard announced that its massive bitcoin reserves will be used to defend UST’s dollar peg.

dollar bill

Markets

Luna Foundation Guard Lends $1.5B in BTC and UST for Stablecoin Peg

The move comes after UST briefly lost its peg to the U.S dollar over the weekend.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Finance

UST Stablecoin Briefly Loses Peg, Luna Drops 10%

The Saturday event led to questions about whether Terra’s bitcoin reserves will soon face their first test

(Emilio Takas/Unsplash)

Videos

Is Justin Sun's USDD Stablecoin a Copycat?

Crypto analysts took a stab at Tron Founder Justin Sun’s new algorithmic stablecoin decentralized USD (USDD), calling it a clone of Terra’s UST coin. "The Hash” group discusses Tron’s whitepaper being an alleged copy of Ethereum, the rapid growth of UST and signs of increasing algorithmic stablecoin adoption. 

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Finance

Luna Foundation Guard Acquires $1.5B in Bitcoin to Reinforce Stablecoin Reserves

The purchase brings LFG's holdings to more than 80,000 bitcoins, or nearly $3 billion.

(Javardh/Unsplash)

Markets

'Revolution' Promised by Tron's Justin Sun Looks Like Clone of Terra's Algorithmic Stablecoin

Tron, an Ethereum competitor blockchain, is the latest to launch an algorithmic stablecoin inspired by the success of Terra’s UST. It has lofty goals for USDD, but not much else.

(Unsplash, modified by CoinDesk)

Videos

Terra to Provide UST Liquidity on Polygon-Based SynFutures

Terra will provide liquidity for TerraUSD (UST) trade pairs on Polygon-based decentralized finance (DeFi) exchange SynFutures as the stablecoin continues to grow in popularity. “The Hash” group discusses the Luna Foundation Guard’s (LFG) bitcoin acquisitions to back the digital asset and Terra’s efforts to build cultural bridges with external ecosystems like Avalanche. 

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