UST stablecoin struggles to maintain $1 parity amid crypto market turbulence - The Block Crypto


5/8/2022 12:00:00 AM3 years 9 months ago
by Michael McSweeney

The algorithmic stablecoin UST, which is part of the Terra crypto ecosystem, is struggling to maintain parity with the dollar following a Saturday market event.

The algorithmic stablecoin UST, which is part of the Terra crypto ecosystem, is struggling to maintain parity with the dollar following a Saturday market event. During the market event, the price of… [+2873 chars]

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