TerraUSD (UST) adoption backs LUNA’s ascension to a new all-time high -Breaking
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Stablecoins form an important part of the central crypto and decentralized finance ecosystems. They provide liquidity for traders that can easily trade into other assets. Stablecoins also provide protection against severe downside swings such as the 25% correction seen on Dec. 3.
(LUNA) is a multi-sector, blockchain-based protocol that aims to build a global payment system using a fiat-pegged stablecoin named TerraUSD (UST).
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