Earlier today, the depegged algorithmic stablecoin TerraClassicUSD (USTC), founded by Do Kwon recorded a substantial rally of about 15% after CZ Binance wrote a comment regarding the asset. Notably, this surge in the price of USTC came amid the market-wide correction, triggered by the recent regulatory clampdown on the stablecoin BUSD, wholly owned by Paxos. The post Terra Classic USD (USTC) Sees Substantial Rally after Binance CEO’s Comment: Details appeared first on Times Tabloid .
