Terra Classic Community Passes Proposal to Halt USTC Minting

In a recent development, the Terra Classic (LUNC) community has voted to cease all minting and reminting of Terra Classic USD (USTC), the algorithmic stablecoin formerly known as UST. This move comes after a tumultuous period that saw the Terra ecosystem’s value plummet from $45 billion. The Proposal and its Objectives In the wake of

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