Will USTC Recover? Terra Classic Community Discontinues Minting, Votes To Burn
TerraUSD 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.
