Terra’s UST Becomes First Decentralized Stablecoin To Surpass $10B Market Cap

It’s safe to say that DeFi is booming lately – and Terra’s stablecoin UST has swiftly emerged as a powerhouse player in DeFi, swimming among of sea of centralized tokens such as Tether’s USDT and Circle’s USDC. DeFi is wholeheartedly embracing UST, and new protocol integrations are popping up faster than most can keep up with, leading UST to surpass decentralized competitor DAI.