News19 April 2022

UST flipped BUSD. CZ is in shock!

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Well, yes, we already told you about UST. UST is an algorithmic stablecoin equal to 1 USD. But the difference between it and USDT or BUSD is that it is decentralised. That is, it is not pegged to the dollar in the classical way of "securing" it with dollars, but with specific rules and software. Gentlemen from UST recently purchased bitcoin, for example.

Anyway. UST flipped BUSD in terms of capitalisation. At the time of writing the post $17,658,803,153 vs $17,338,344,782.

Like if people have decided to go into decentralisation with more passion in the backdrop of all these events. Dislike if you don't give a sh!t about decentralisation and these stablecoins at all.

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