Algorithmic stablecoin
Blockchain
community proposal
Divergence Protocol
Do Kwon
dynamic fee
News
stablecoin ecosystem
Terra Classic
Terra Classic proponents
Terra Phoenix
U.S. dollar
USTC
value peg
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra…