The plan comes as Terra’s terraUSD (UST) stablecoin, which is supposed to be pegged to the price of $1, “death spiraled” below 15 cents this week – wiping out over $30 billion in value. UST’s sister token, LUNA, which propped up the stablecoin’s value, has fallen to below a penny (LUNA was worth above $80 just a week ago).
Tether Expands Its USDT and XAUT Stablecoins to TON Network Targeting Telegram’s 900M Users
While Telegram's crypto wallet supports various blockchains for deposits and withdrawals, "to encourage the adoption of TON, trading fees are...