Stablecoin Terra USD (now USTC) has surged 400% in just three days following news that Montenegrin authorities have approved the extradition of Terra founder Do Kwon.
According to the CoinMarketCap service, USTC is now trading around $0.06741. Stablecoin’s market capitalization soared 300% to nearly $600 million
Sophie Berger covers EU regulation and policy from Brussels. With a Master's in European Affairs from Sciences Po and five years at Politico Europe, she tracks MiCA implementation, ECB digital-euro work and ESMA enforcement. Sophie is fluent in French, German and English, and has interviewed three EU commissioners on record. Her policy briefs are read across the BTCNews newsroom every morning.
