2 years ago
Crypto speech OKX has started offering trading pairs for Terra's UST with bitcoin (BTC), ether (ETH), and the autochthonal tokens of Solana (SOL) and Avalanche (AVAX).
“OKX is pleased to denote the listing of BTC/UST, ETH/UST, SOL/UST, AVAX/UST connected our spot trading markets arsenic we proceed to enactment the improvement of the Terra ecosystem,” the speech said successful a connection connected Friday.
The trading pairs volition spell unrecorded connected Apr. 1 astatine 6:00 UTC, arsenic per the statement.
UST, alongside LUNA, is 1 of the 2 tokens of the Terra ecosystem. UST's worth is pegged astatine 1:1 to the U.S. dollar and is the largest decentralized stablecoin successful the crypto ecosystem with a marketplace capitalization of $16 billion.
UST is most-widely utilized connected Anchor, a wealth marketplace for lending and borrowing built connected Terra. Over $8.79 cardinal successful UST is locked connected Anchor, according to information from tracking tools .
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Shaurya is an analyst/editor for CoinDesk's markets squad successful Asia.
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