LUNA Surges 17% as UST Becomes the Third Largest Stablecoin

Name: LUNA Surges 17% as UST Becomes the Third Largest Stablecoin
Uploaded: 2022-04-19T19:01:41Z
Duration: 5 min 307 s
Description: TerraForm Lab’s UST has become the third-largest stablecoin, meanwhile there’s a 17% spike in the LUNA governance token’s price. “The Hash” group discusses the race to capture the stablecoin market, comments made by Tether’s Paolo Ardoino and the differences between asset-backed and algorithmic stablecoins.

Apr 19, 2022

TerraForm Lab’s UST has become the third-largest stablecoin, meanwhile there’s a 17% spike in the LUNA governance token’s price.

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