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

SEC gives green light to second DePIN project
SEC grants Fuse a no-action letter, backing its DePIN model that tokenizes energy contributions and rewards users for smarter grid...
November 27, 2025
Senate market structure markup by Christmas?
Senate Democrats aim for market structure legislation by Christmas, while crypto advocates push for policy support ahead of the midterm...
November 27, 2025
Advertisement
Advertisement
Advertisement