Terra (LUNA) Crashes 45% As UST Stablecoin Massively Loses Peg Again - Benzinga - Benzinga

5/9/2022 12:00:00 AM2 years 11 months ago
by Samyuktha Sriram
by Samyuktha Sriram
The native token of the Terra (CRYPTO: LUNA) blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD (CRYPTO: UST), lost its peg for the second time in 48 hours.
The native token of the Terra LUNA/USD blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD UST/USD, lost its peg for the second time in 48 hours. What Happened: According to data from B… [+1753 chars]
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