Summary: Terra’s UST has depegged from the one dollar mark after massive selling of the stablecoin on Curve Finance and Binance The selling was to the tune of $285 million in UST and resulted in a $2.25 billion outflow of the stablecoin from the Anchor Protocol UST has since stabilized to the $0.996 price level Do Kwon has expressed optimism that UST will remain resilient despite the event In the last 24-hours, Terra’s stablecoin of UST has depegged from the […]