UST loses its dollar peg twice in <48 hours, going as low as $0.98, after the Luna Foundation Guard said it would defend the stablecoin with bitcoin reserves (Sam Kessler/CoinDesk)
Sam Kessler / CoinDesk:
UST loses its dollar peg twice in <48 hours, going as low as $0.98, after the Luna Foundation Guard said it would defend the stablecoin with bitcoin reserves — TerraUSD (UST) has lost its dollar peg for the second time in three days, falling to as low as $.98, according …
