UST


Opinyon

UST Won't Be the End of Algorithmic Stablecoins

The trail for a monetary "Holy Grail" continues, despite Terra’s collapse. So what do we do about it?

(Annie Spratt/Unsplash, modified by CoinDesk)

Mga video

Terra’s UST and LUNA Collapse: How the Crisis Unfolded

TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.

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Markets

First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds

Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.

Singapore (Lauryn Ishak/Bloomberg via Getty Images)

Finance

At Nationals Ballpark, Terra’s Bad Week Never Happened

Terra’s $38 million Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans.

The Terra logo inside the luxury club at Nationals Park. (Danny Nelson/CoinDesk)

Markets

The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto

When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.

(John Ruddock/Unsplash)

Finance

What Happened to the $3.5B Terra Reserve?

Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.

LFG/Gemini (Elliptic)

Markets

Justin Sun Talks USDD Stablecoin in Wake of LUNA/UST Unravel

The controversial crypto entrepreneur explains how an algorithmic stablecoin can still succeed while denying rumors he was behind the de-pegging of Terra’s failed UST.

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