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UST Backer LFG Seeks $1B to Shore Up Stablecoin Peg: Report

The funding is needed because the dollar-pegged stablecoin dropped as low as 60 cents Monday amid broader market turmoil.

Автор Sam Kessler
Обновлено 11 мая 2023 г., 6:50 p.m. Опубликовано 10 мая 2022 г., 8:41 p.m. Переведено ИИ
Terra's UST stablecoin fell off its peg Monday amid crypto market turmoil. (moonjazz/flickr)
Terra's UST stablecoin fell off its peg Monday amid crypto market turmoil. (moonjazz/flickr)