Decentralized stablecoin $UST on Luna becomes first of its kind to reach $10 billion market cap

Terra (LUNA) has become one of the biggest gainers in the crypto market over the past month and now the whole ecosystem seems to be expanding in sync. A decentralized stablecoin working on the LUNA network has reached a market cap of $10 billion, making it the first decentralized stable currency to achieve the feat.