Express
Korean Stablecoin Used By Stores Sees Gigantic Spike In Volume
Summary: Terra, the Korean stablecoin, saw a gigantic volume spike Monday as it rose 280% from the previous day, and since Terra sells itself as a payment system, this may hint at a growing acceptance of cryptocurrency as money. Terra just released their whitepaper in April of this year but has made great strides in pushing ...
Terra, the Korean stablecoin, saw a gigantic volume spike Monday as it rose 280% from the previous day, and since Terra sells itself as a payment system, this may hint at a growing acceptance of cryptocurrency as money.
Terra just released their whitepaper in April of this year but has made great strides in pushing the narrative of cryptocurrency as usable money. A few weeks ago, Terra made a deal with Koreas largest convenience store CU to accept cryptocurrency as payment via Terra's Chai app.
By Roland James
Tags: Cryptocurrency,CU,Terra
Link: Korean Stablecoin Used By Stores Sees Gigantic Spike In Volume [Copy]