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DeFi Traders Push Terra’s UST Stablecoin to $10B Market Cap

The coin has surpassed Binance Smart Chain in total value locked amid rapid DeFi growth.

Updated May 11, 2023, 5:32 p.m. Published Dec 27, 2021, 9:50 p.m.
The Terra network is powered by its LUNA token, though the project's UST stablecoin is also rising fast. (Malith Karunarathne/Unsplash)
The Terra network is powered by its LUNA token, though the project's UST stablecoin is also rising fast. (Malith Karunarathne/Unsplash)