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    UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

    • Post author:MiamiCrypto
    • Post published:May 10, 2022
    • Post category:$1 Parity/Anchor/Anchor TVL/Bail Outs/Binance/Bitcoin Wallet/Citadel/Deploying Capital/Do Kwon/Dollar Peg/Hasu/lfg/LFG wallets/LUNA/LUNA down/luna foundation guard/Lyn Alden/News/Stablecoin/Stablecoin UST/terra (LUNA)/USDC/USDT/UST

    On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been…

    Continue ReadingUST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation

    As LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93

    • Post author:MiamiCrypto
    • Post published:May 9, 2022
    • Post category:$1 Parity/33% drop/Bitcoin Wallet/Deploying Capital/Do Kwon/Dollar Peg/lfg/LFG wallets/LUNA/LUNA down/luna foundation guard/News/Stablecoin/Stablecoin UST/terra (LUNA)/USDC/USDT/UST

    As bitcoin dropped to fresh new lows on Monday, the price of terra (LUNA) slid by 33.3% during the last 24 hours. Moreover, the project’s stablecoin terrausd (UST) has lost…

    Continue ReadingAs LUNA’s Price Drops Over 33% in 24 Hours, Stablecoin UST Slips Below $1 Parity to $0.93
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