Terra Classic Ceases USTC Minting as SEC Investigates Former CEO Do Kwon
Terra Classic USD (USTC) will no longer be minting or re-minted, according to a recent vote by the Terra LUNA Classic (LUNC) community. A proposal was published on September 14 that suggested the cessation of all minting and re-minting of USTC without the approval of the Terra Classic community. Moreover, the proposal suggested the elimination...