Terra’s Anchor Protocol to Launch on Polkadot DeFi Hub Acala

Parallel Finance Launches DeFi ‘Super App’ for Polkadot Crypto Ecosystem

All told, backers of both Acala and Terra expect the tie-up to grow the decentralized stablecoin market – a segment of the crypto economy that has swelled to over $25 billion. The total stablecoin market (dominated by dollar-backed USDT and USDC) has surpassed $180 billion in market capitalization.

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