Is it normal for a stable coin to be worth $0.96?


Just wondering if its normal for a stable coin to be worth four cents less than the dollar that its supposed to be pegged to?

The live TerraUSD price today is $0.961231 USD with a 24-hour trading volume of $1,932,677,188 USD. We update our UST to USD price in real-time. TerraUSD is down 3.60% in the last 24 hours. The current CoinMarketCap ranking is #9, with a live market cap of $17,938,020,160 USD. It has a circulating supply of 18,661,499,918 UST coins and the max. supply is not available.

I’m no crypto expert, but this just doesn’t seem right to me.

Maybe some of the Genius crypto investors can chime in on what is going on right now.

should you buy at $0.96 and sell back at $1.00? if it goes back up

I need some answers.

Is it time to sell this now?

submitted by /u/Odlavso
[link] [comments]