Terra UST Continues To Rise

Terra UST continues to rise. The Terra foundation continues to produce UST by constantly buying Bitcoin.

After becoming one of the largest ecosystems in terms of accumulation pools, Terra LUNA, which showed a rapid rise and became one of the top 10 currencies, also left its mark on the stable money ecosystem. While transactions were only made with Tether USD cryptocurrency for a period, today many blockchains have launched their own stablecoins. Many stable currencies such as Tron USD, Huobi USD, Binance USD, Terra USD are trying to attract investors with different campaigns. Terra USD, UST, which is the ecosystem that gives the highest dividend to stable currencies, continues to grow. With the latest increase, the UST unit reached a market value of $17.5 billion, making it the third largest stablecoin ecosystem. BUSD fell to fourth place with a value of $17.46 billion. USDT ranks first in the market with a value of approximately 82 billion dollars. USDC is valued at $50 billion. In terms of volume, USDT reaches $54 billion. USDC has a volume of 3.47 billion dollars. While BUSD is at $3.4 billion, UST can generate only $419 million in volume. However, as the accumulation pools increase, so will the UST volume.