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Tagged: Stablecoin

VR Focus / XR News

May 13, 2022

Metaverse Weekly: Terra Luna Loses Nearly $20 Billion in Crypto’s Largest Collapse in History

Terra Luna, the protocol behind the TerraUSD (UST) and the LUNA token effectively collapsed after back to back trading sessions that saw its stablecoin UST lose its 1:1 peg with the dollar. The project...

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