Last Updated on October 9, 2023 by Paganoto
How the crypto stablecoin 'UST' failed and what we can learn …
How the crypto stablecoin 'UST' failed and what we can learn …
The recent stock market and crypto crash was partially in response to a tightening of monetary policy by the US Federal Reserve. The crash saw algorithmic stablecoin TerraUSD (UST) and its sister coin luna fail and saw their prices plunge.May 25, 2022
What is terraUSD (UST) and how does it affect bitcoin? – CNBC
What is terraUSD (UST) and how does it affect bitcoin? – CNBC
Developed by Singapore-based Terraform Labs, UST is what’s known as an algorithmic stablecoin. It aims to carry out the function of stablecoins …
TerraClassicUSD (UST) – Coinbase Help
TerraClassicUSD (UST) – Coinbase Help
TerraClassicUSD is a decentralized stablecoin running on Ethereum that attempts to maintain a value of US$1.00. Unlike centralized stablecoins, UST isn’t …
What is UST and why is it causing crypto chaos? – Mashable
What is UST and why is it causing crypto chaos? – Mashable
The UST is a special type of stablecoin that’s called an algorithmic stablecoin. This means that, unlike USDC and USDT, it’s not backed by …
UST stablecoin: What Terra's troubles mean for crypto
UST stablecoin: What Terra's troubles mean for crypto
Stablecoins are supposed to be the part of the cryptocurrency ; TerraUSD (known by the ticker symbol UST), one of a handful of stablecoins …
What Is TerraUSD (UST) Stablecoin? – Coinspeaker
What Is TerraUSD (UST) Stablecoin? – Coinspeaker
TerraUSD (UST) is an algorithmic stablecoin, which means the cost of minting is equal to the face value of the minted stablecoins. It uses LUNA, …
What Is LUNA and UST? A Guide to the Terra Ecosystem
What Is LUNA and UST? A Guide to the Terra Ecosystem
What is UST and how does it work? … Stablecoins are a specific type of cryptocurrency whose price is pegged, usually to a state-issued fiat …
How $60 Billion in Terra Coins Went Up in Algorithmic Smoke
How $60 Billion in Terra Coins Went Up in Algorithmic Smoke
TerraUSD was linked to a sister token, Luna, whose price was set by the market. Because 1 UST was defined as being equal to $1 worth of Luna, …
Announcing TerraUSD (UST)— the Interchain Stablecoin
Announcing TerraUSD (UST)— the Interchain Stablecoin
A few weeks ago, we launched TerraUSD (UST) with Bittrex Global, and announced plans to take it interchain to every major blockchain, …
Terra UST loses peg: What does it mean? Why does it matter?
Terra UST loses peg: What does it mean? Why does it matter?
Terra USD (UST) performs this balancing act in tandem with a sister cryptocurrency token called Luna, which is also built on the Terra …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.