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Breaking: Terra Luna Proposes Deep Stablecoin & Cosmos Liquidity, USTC Price Up 38%

source-logo  coingape.com 15 February 2024 15:50, UTC

Terra Luna has proposed a governance discussion proposal to establish deep stablecoin and Cosmos (ATOM) token liquidity on Terra. The proposal is in line with Terraform Labs chief executive officer (CEO) Chris Amani’s plan to have the deepest stablecoin liquidity in Cosmos, becoming the only ecosystem that has “defi-sufficient” liquidity for both Cosmos and non-Cosmos blue-chip assets.

coingape.com