Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its TerraUSD (UST) stablecoin across five projects on Ethereum, Polygon and Solana.
Terra Research’s Thursday post “UST Goes Interchain: Degen Strats Part Three” provides details about how $139 million of UST and Terra’s native stablecoin, LUNA, would be utilized and on what platforms if the proposal is passed.