Terra Classic Community Urges Binance to Burn USTC Fees for Stability

Terra Classic Community Urges Binance to Burn USTC Fees for Stability


Coinpedia
2023-09-19 11:13:35

The post Terra Classic Community Urges Binance to Burn USTC Fees for Stability appeared first on Coinpedia Fintech News Following the unsettling collapse of Terra in May 2022, the Terra Classic community is debating a new proposal aimed at restoring stability to its TerraClassicUSD (USTC) stablecoin. Central to the discussion is a proposition that nudges Binance, the world’s largest cryptocurrency exchange, to burn 50% of its USTC trading fees. This development adds another layer …