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Creator of TerraUSD plans to overhaul cryptocurrency
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fnlondon.comThe price of the stablecoin TerraUSD was down sharply on 16 May as the cryptocurrency's creator announced a plan to attempt to rescue the project.
The price of TerraUSD, created to maintain a value equal to a dollar, was down 36% at 11 cents, according to CoinMarketCap. Trading volume over the past 24 hours was less than $400m, down from the more than $5bn in volume it saw last week.
TerraUSD's...
Read more on fnlondon.comAbout this in other media
How the TerraUSD crash made savings vanish and dreams disappear fnlondon.com /2 years ago
How the TerraUSD crash made savings vanish and dreams disappear fnlondon.com /2 years ago
New Terra Blockchain And Luna Toke Without Failed Stablecoin: TerraUSD Developers ndtv.com /2 years ago
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