In THORChain, $UST can now be seamlessly and natively exchanged to Bitcoin $BTC w/ stablekwon and ErikVoorhees
As displayed, UST can be exchanged on Bitcoin natively, with no intermediaries or third-party conversion instruments. This opportunity totally changes the narrative in UST interoperability.
Mr. Voorhees stresses that this option is"revolutionary." Do Kwon, co-founder of Terraform Labs, the development studio behind Terra blockchain and UST stablecoin,The largest decentralized money on the the most decentralized exchange. Giant step forward for crypto. As such, Terra is now a part of cross-network ecosystem of Thorchain that has already integrated Bitcoin , Ethereum , Dogecoin , Litecoin , Bitcoin Cash and BNB Chain .The conversion of 10,000 UST to Bitcoin is only charged with negligible $2.58 fees: commission rates, therefore, are as low as 0.0258%.
Terra is the fastest-growing DeFi ecosystem of the Web3 scene. Currently, the total value locked in its DeFi protocols eclipses $26.2 billion.
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