$1 Parity
Altcoins
Crypto asset
Depeg
depegging
Dollar Peg
FTX collapse
LUNC
now-defunct stablecoin
Repeg
Repegging
Stablecoins
Terra Blockchain
Terra Classic
Terra Fans
Terra Money
Terra Supporters
terraclassicusd
terraclassicusd (USTC)
USD
USD parity
USTC
Will Chen
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently,…