Pantera Capital said it cashed out nearly 80% of its Terra (LUNA) investment well before TerraUSD (UST) collapse...
Co-founder and a major decision-maker of the Terra blockchain has announced another plan to restore the ecosystem after a fall LUNA and UST.
Due to the depegging of UST, it has caused all tokens paired against it to astronomically rally in price.
The Terra blockchain native stablecoin has lost its 1:1 peg to the United States dollar as a result of the massive selloffs seen in the crypto market.
UST has flipped the BUSD to become the third most valuable stablecoin with a market capitalization of approximately $17.5 billion.
