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Terra Luna Classic Proposes To Stop USTC Minting And Reminting

source-logo  coingape.com 08 September 2023 19:58, UTC

The Terra Luna Classic community is currently voting on a proposal to stop all minting and reminting of USTC. While the community looks to repeg USTC stablecoin back to $1 and revive LUNC, the proposal opens the door for entities such as crypto exchange Binance to start burning USTC learning that the USTC minting and reminting is over.

coingape.com