Korean Stablecoin Cryptocurrency Used at Major Stores Sees Massive Spike in Volume
Korean stablecoin, Terra saw a massive spike in volume yesterday, up 280% on the previous day. And, as a cryptocurrency that sells itself as a payment system, this may well hint at the burgeoning acceptance of crypto as money.Winter is here and ecommerce volumes are through the roof. @terra_money saw 11 BILLION KRT (korean won pegged stablecoin), roughly valued at 10M USD yesterday. 17.4% annualized staking return from tx fees as a result! pic.twitter.com/19jgJRroQI
— Do Kwon (@d0h0k1) Dec
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