Do Kwon Said To Be Working On Another Decentralized Stablecoin For Terra 2.0

Terraform Labs (TFL) founder Do Kwon is reportedly working on another decentralized stablecoin for its new blockchain Terra 2.0 (CRYPTO: LUNA).

What Happened: In a Twitter update on Sunday, Terra Research Forum’s FatMan said that a “verified insider” from TFL revealed that a new stablecoin was in the works.

A verified insider close to TFL has confirmed that Do Kwon is currently working on design plans for a new decentralized stablecoin that will be built atop Terra 2. Fool me once…

— FatMan (@FatManTerra) May 30, …

Full story available on Benzinga.com

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