The debate over whether the price of $USTC is being suppressed through futures trading has sparked heated discussions within the Terra Classic community. Many investors believe that the introduction of $USTC futures, particularly when the token surged to $0.079, led to a significant price drop, reinforcing the idea that futures trading is exerting downward pressure on the asset.

As $USTC is a stablecoin, some argue that allowing futures trading contradicts the token's core purpose. Futures contracts, which typically involve speculation and leverage, may create unnecessary volatility in a token that is designed for stability. The Terra Classic community is now calling for action, urging validators to close $USTC futures to protect the token from further price manipulation.

The sentiment is clear: if futures trading continues to suppress the price of $USTC, steps must be taken to ensure that the token’s value remains intact. As discussions continue, many are hopeful that a governance proposal will emerge, prompting a vote on whether to disable $USTC futures and restore stability to the ecosystem.

#LUNC #TerraClassic #Tarraf&Filhos

#Islamiccoin , in an exciting collaboration with #Tarraf&Filhos , is poised to catalyze a transformative shift in the Brazilian agricultural credit landscape by introducing Shariah-compliant blockchain solutions. This strategic partnership is designed to streamline agri-credit processes, trim operational costs, and unearth novel avenues for advancement within the Brazilian agricultural sector.
At the core of this collaboration lies a commitment to harnessing the power of blockchain technology to facilitate transparency and efficiency. By leveraging blockchain's immutable ledger, the partners aim to instill trust and enhance the integrity of agri-credit transactions. Through the implementation of on-chain Real World Asset (RWA) verification, stakeholders can securely validate the authenticity of underlying assets, fostering a more robust credit ecosystem.
Tokenization of collateral assets emerges as another pivotal facet of this endeavor. By tokenizing agricultural assets, such as land or produce, the partners enable fractional ownership and enhanced liquidity. This innovative approach not only diversifies investment opportunities but also mitigates risk for lenders while granting borrowers greater flexibility in leveraging their assets.
Moreover, the collaboration places a strong emphasis on adherence to Shariah principles, ensuring that financial transactions are conducted in accordance with Islamic law. By incorporating Shariah-compliant loan models, the partners extend access to ethical financing options tailored to the specific needs of the Muslim community in #Brazil . This inclusive approach not only broadens financial inclusion but also fosters social and economic development in line with Islamic values.
The significance of this partnership extends beyond mere technological innovation. By addressing the unique challenges faced by the Brazilian agricultural sector, such as access to affordable credit and adherence to ethical standards, Islamic Coin and Tarraf & Filhos aspire to drive sustainable growth and resilience within the industry.
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