Binance pulls the plug on TerraUSD (UST) trading pairs

– Binance will delist a number of trading pairs linked to TerraUSD (UST), an algorithmic stablecoin that has been in a freefall since earlier this week.
– The worlds largest cryptocurrency exchange did not give a reason for the move.
– The crypto exchanges decision comes as UST, which should be tentatively pegged to the U.S. dollar, plunged to US$0.1946 at the time of publishing, according to CoinMarketCap data.
– Meanwhile, Binance also will delist a number of LUNA trading pairs, the company said in a separate statement on Friday.

 

 

shutterstock 2031493265 Binance pulls the plug on TerraUSD (UST) trading pairs
Binance pulls the plug on TerraUSD (UST) trading pairs 2

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