UST, a stablecoin pegged to the U.S. dollar, along with its sister token Luna, plunged to its lowest value—dropping as low as below $0.30 and losing about $40 billion of its market cap in 48 hours.

Click here to read the full article.

 

Recommended for you

Tether launches stablecoin wallet, Circle’s Arc chain going proof-of-stake
Tether launches a self-custodial stablecoin wallet as Circle defends USDC freeze stance and the U.S. Fed questions claims of real-world...
April 15, 2026
Ireland begins public consultation, testing for digital wallet
Ireland launches a consultation on a digital identity wallet to comply with EU rules, ensuring its secure use across travel,...
April 15, 2026
Advertisement
Advertisement