TerraUSD (UST)

TerraUSD (or UST) is a decentralized, scalable, interest-bearing, and algorithmic stablecoin offering a wide range of features. In particular, it is famous for its predominantly infinitely scalable monetary policy. The stablecoin has grown into its role as the ultimately scalable stablecoin since its launch in 2020. With a surging demand in stablecoins, it was clear that most of them are not genuinely scalable. Therefore, there was a need for a stablecoin like TerraUSD. It is set to challenge stablecoin market leader DAI. It offers a scalable experience to the DeFi market amid the severe scalability issues many conventional chains face. Learn more at: Terra.money