What it is: Terra is a blockchain platform focused on creating stablecoins to power the global payments system. LUNA is the native token that supports the network and its algorithmic stablecoins.
Why to watch: Terra’s ecosystem has been expanding rapidly with its innovative stablecoin protocols. The rise of decentralized stablecoins and the growing adoption of the Terra ecosystem make LUNA an altcoin to watch.
Use cases: Stablecoins, decentralized payments, DeFi.
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