Terra

Terra is a blockchain platform known for its algorithmic stablecoin, TerraUSD (UST), and its native token, LUNA. It was designed to maintain price stability through a system of arbitrage between the two tokens.

Why it’s in the news: It is in the news due to the collapse of its stablecoin UST and the subsequent de-pegging event in 2022.

Latest on Terra

• Velotric Summit 2 mixed-terrain e-bike first discount, Lectric XPeak 2 off-road e-bike new $1,299 low, Segway e-bikes $2,200 savings, more
• Japan's Niterra drops deal for Denso spark plug, exhaust sensor businesses
• Terrabank to streamline cross-border payments with TerraPay and Mozrt
• New Alamein: Egypt builds a new Mediterranean powerhouse
• Trans-Pacific rates soar, Mediterranean sinks, and demand doesn’t explain either
• Google Signs Record Carbon and Methane Removal Deal with Terradot

Connections

6 entities linked to Terra across the news graph.