Terra Classic

TerraClassicUSD

The Terra Luna Classic community recently approved a proposal to discontinue the minting and reminting of USTC tokens to maintain their value at $1.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1944f106e3414211b67d48e078d7aa64.gif" />Ad. Get UPTO $50 USDT Reward From CryptosHeadlines. <a href="https://twitter.com/CryptosHeadline/status/1702044419799793845" rel="noopener noreferrer nofollow">Visit Official Tweet</a>The Terra Luna Classic community has made a decision to halt the minting and reminting of USTC tokens as part of their efforts to bring the stablecoin back to its $1 value and revive the LUNC token. This move also allows entities like the <a href="https://cryptosheadlines.com/okx-crypto-exchange-sets-record-by-burning-258m-of-okb-tokens/" rel="noopener noreferrer nofollow">crypto exchange Binance to begin burning USTC tokens</a> now that the minting and reminting process has ended. <a href="https://cryptosheadlines.com/terra-luna-classic-approves-ustc-reppeg-to-1-proposal/" rel="noopener noreferrer nofollow">Read More...</a>

Terra Luna Classic Approves USTC Reppeg to $1 Proposal

CryptosHeadlines.com

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