Terra is a decentralized and open-source blockchain designed to create algorithmic stablecoins. It was founded by Terraform Labs (Do Kwon e Daniel Shin) in 2018.
Unlike other realities, such as USDT or DAI, this type of coin does not have any assets to cover the value: an algorithm takes care of it.
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Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR).Bitcoin Development Company MicroStrategy (MSTR) is now the owner...
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