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Native USDC on Cosmos to Fill Vacuum Left by Terra’s UST Stablecoin

Collateralized USDC is assuming a role formerly held by Terra’s algorithmic UST stablecoin – raising questions as to whether decentralized finance can mature with decentralized money at its core.

Updated May 11, 2023, 3:34 p.m. Published Sep 28, 2022, 7:30 p.m.
Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)
Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)