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$380,839,640
$480,960,651
$21,886,334
5,469,476,386,616 LUNC
79.18%6,907,376,873,996 LUNC
6,794,537,545,225 LUNC
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The Terra stablecoins are notable because they operate outside the Ethereum ecosystem, the platform most associated with DeFi. Terra's blockchain is Tendermint-based, making it part of the larger Cosmos ecosystem.
Terraform says its blockchain generates $13 million in fees annually. Its payments system, Chai, has 2 million users and sees $1.2 billion in transaction volume using its TerraKRW stablecoin, which tracks the price of the South Korean won.