#USTC Unlike other stablecoins like USDT or USDC which are backed by a native currency in this case the US dollar, Terra uses its native token, LUNA, to keep its USTC rate at 1:1 to the US dollar. Basically, LUNA will be issued (mint) or reduced (burn) depending on the amount of-
CZ #Binance is commenting on $LUNC posts, announcing trading pairs for $USTC/#USDT, burning $LUNC monthly and you still aren’t bullish? Wake up! 💎🤲🏻 #Crypto $BNB #LuncArmy#LuncBurn