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Will USTC Recover? Terra Classic Community Discontinues Minting, Votes To Burn
Monday, September 25, 2023 - 11:10am | 408TerraUSD Classic’s (CRYPTO: UST) minting will cease after a community vote on the stablecoin's governance forum. This led to a 59% vote of approval to stop all USTC mining, while 40% opposed it. The community's proposal also ends all conversion of xUST to mint USTC. Find out...