The Terra Classic (LUNC) community has passed Proposal 11784, signaling the end of USTC reminting and minting, as plans to push the stablecoin to $1 progress. This decision comes as part of a broader effort to restore TerraClassicUSD’s stability and bring it back to its intended peg of $1 after the tumultuous events that followed The post Terra Classic Finally Passes Proposal to Stop USTC Minting in Push to Bring USTC to $1 first appeared on The Crypto Basic .
