UST Stablecoin Launches On THORChain

Twitter icon  •  Published vor 2 Jahren  •  Hassan Maishera

THORChain revealed on Twitter on Friday that the UST stablecoin is now live on its decentralized exchange.

THORChain revealed on Twitter on Friday that the UST stablecoin is now live on its decentralized exchange. This latest development means that users can trade directly between LUNA and Bitcoin or UST and ETH. 

THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin. RUNE is up by less than 1% so far today and is currently trading at $10.555.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.