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Terra’s collapsed stablecoin USTC prices experience a sudden spike of almost 400% over the last 24 hours. And this resulted in the token entering the top 100 cryptocurrencies.
Terraform Labs CEO, Do Kwon said in an interview published on Wednesday, that he has “great confidence” in the company’s ability to “build back even stronger” than before.
In the words of Kwon to the crypto investors which was recently shared in the series of tweets a few hours ago, following the recent collapse of the Terra ecosystem and the creation of the new blockchain as a repair mechanism for the collapsed one.
