Four Major Cryptocurrency Exchanges Lead Funding Round in New Stable Coin

Four of the largest global cryptocurrency exchanges are leading an investment round in a new e-commerce-based stable coin. The investments come as stable coins become the most popular projects in the cryptocurrency industry.
The $32 million fundraising round in stable coin Terra, was led by Binance Labs, OKEx, Huobi Capital, and Upbit’s parent company Dunamu. Terra, the latest stable coin to receive major corporate backing, is headed by the founder and president of TicketMonster, Daniel Sh