Cryptocurrency luna crashes to $0 as UST falls further from dollar peg

Or is this a buying opportunity? The Terra (LUNA -99.42%) blockchain is powered by two cryptocurrencies: Terra and Luna. Terra is a stablecoin tied to the value of fiat currencies. For example, TerraUSD (UST -59.58%) is pegged to the U.S. dollar. And Luna is used to absorb stablecoin price volatility. Earlier this week, TerraUSD lost its peg and the stablecoin saw its price …

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