TerraUSD, the world's fourth-largest stablecoin, lost a third of its value on Tuesday, spooking cryptocurrency investors and partly contributing to bitcoin's tumble below $30,000 for the first time in 10 months.
Stablecoins are digital tokens pegged to the value of traditional assets, such as the U.S. dollar. They are popular as safe-havens in times of turmoil in crypto markets and are a common medium of exchange, often used by traders to move funds around and speculate on other cryptocurrencies.
Unlike other stablecoins that have reserves in traditional assets, TerraUSD maintains its peg through an algorithm that moderates supply and demand in a complex process involving the use of another balancing token, Luna.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Terra (LUNA) Collapses 60% as UST “Stablecoin” Drops Below $0.7$LUNA has crashed by more than 60% within 24 hours
続きを読む »
Withdrawals on Terra (LUNA) Network Temporarily Suspended | Binance SupportFellow Binancians, Withdrawals for LUNA and UST tokens on the Terra (LUNA) network were temporarily suspended on 2022-05-10 at 02:20 AM (UTC) due to a high volume of pending withdrawal transact...
続きを読む »
Terra peg mechanism in doubt as UST crashes to 67 centsThe Terra USD stablecoin is having an existential crisis as it has lost its peg and crashed to $0.67, while its backing coin LUNA has also lost more than half of its value in a matter of days, making the community question how well the stablecoin is truly backed.
続きを読む »
Terra (LUNA) Getting Annihilated as UST Loses Its PegOne of the hottest cryptocurrency projects is facing a major test amid market turmoil
続きを読む »
Here's How Terra Potentially Pushed Bitcoin Down to $35,000Following the brief de-pegging of UST stablecoin, the market may face additional selling pressure coming from Terra Foundation
続きを読む »
Terra (LUNA) Plunges 14% as UST Briefly Loses Its PegTerra’s biggest stablecoin briefly lost its peg. Supporters claim it was a coordinated attack, but critics disagree
続きを読む »