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Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week

The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week

The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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