The plan comes as Terra’s terraUSD (UST) stablecoin, which is meant to be pegged to the worth of $1, “loss of life spiraled” beneath 15 cents this week – wiping out over $30 billion in worth. UST’s sister token, LUNA, which propped up the stablecoin’s worth, has fallen to beneath a penny (LUNA was price above $80 only a week in the past).