• Troy Springer

Terra Luna Research

Terra is a layer-1 blockchain protocol that uses fiat-pegged stablecoins to conduct global payment transfers. Since its launch, there has been more than 80 projects and companies across nine different industries expanding on its ecosystem.5 Contrary to other stablecoin models that use a fiat currency or cryptocurrencies to support their stablecoins’ peg, Terra uses its native cryptocurrency, LUNA, to balance out its supply of stablecoins. LUNA is also used for staking and governance of the protocol.

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