Terra, the project that builds the system of next-generation payment on the blockchain, announced today that its stablecoin Terra SDT (SDT), and the token of mining Moon (LUNA) is listed on the stock exchange global cryptocurrencies KuCoin. The deposits opened August 28 with the pairs of operations MOON / BTC, MOON / USDT and SDT / USDT.Terra is a network of payments blockchain that works with two tokens: Terra and Luna. At its core is the algorithm stablecoin Terra, which refers to a family of cryptocurrencies that are linked to the major currencies of the world. The coin badge of Terra, Terra SDT, is linked to the SDR of the IMF, and serves as the unit of account for the protocol Terra.The payment network Terra is supported by a second token called Moon, the token of mining that not only feeds the blockchain of Terra, but that also gets its value of to receive the commissions of the transaction of Terra.Terra is making the payments based on blockchain are popular to provide incentives to consumers and merchants alike. Terra offers commissions transaction cheaper at the dealers to remove middlemen unnecessary, and also offers a 5-10% discount to the buyers, which is funded by the growth of their economy stable underlying currencies.The plan of Terra to put your stablecoin in the hands of millions is powered by an alliance of e-commerce in a constant growth, which includes giants of Asia and the Pacific as TMON (electronic commerce, Korea), Woowa (food delivery, Korea), Carousell (C2C, Singapore) and Tiki (e-commerce, Vietnam).Michael Gan, CEO of KuCoin, said:
“As the brokerage house of the people, KuCoin is committed to empowering promising projects of blockchain and provide a wide range of digital assets to the crypto investors. The network of next-generation payment developed by Terra networks has the potential to grow the economy blockchain. We are happy to see this great project join our platform and we appreciate your contribution to promote the mass adoption of cryptocurrencies”.
Daniel Shin, co-Founder of Terra, said
“Since its launch in June, the volume of transactions Terra has been growing at a rapid pace, with a number of users now exceeds 400,000. We are excited that a bag global as KuCoin include Terra and Luna, and we hope to continue expanding the economy of Terra as more and more members of e-commerce offer Terra as a payment option”.
Terra recently announced new e-commerce partners such as the Korean giant music streaming Bugs and Sinsang Market, the platform for fashion B2B largest in Korea. Also announced investments of HashKey Capital of Hong Kong, LuneX, Singapore, and the hedge fund american Ulysses Capital.The token of mining Moon (LUNA) also figure in the exchanges global cryptocurrencies Bitrue (BTC / XRP) and Bittrex (BTC).
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About Terra
Terra is designing a stablecoin that will boost the network of next-generation payment in the blockchain. Terra is associated with a partnership growing global platforms of e-commerce to deliver the benefits of blockchain, such as low transaction costs to merchants and consumers everyday.By closing the gap between the cryptocurrencies and real-world applications, Terra points to evolve into an open platform for financial applications that are innovative and grow the real GDP of the economy blockchain. Founded by a team of experts in business, finance, and blockchain, Terra has offices in Singapore and Korea. For more information, go to https://terra.money/.
About KuCoin
The crypto bag KuCoin was opened for the trading of cryptocurrencies in September 2017 and experienced a steady growth in 2018. KuCoin gives a high priority to the quality of the projects quoted in function of a research department of a well-trained, which tracks the industry blockchain in search of projects of the highest quality.KuCoin provides a service of trading for users to perform transactions of digital assets securely and efficiently. With the time, KuCoin aims to provide a greater value and lasting more than five million registered users in more than 100 countries.For more information, visit the web site: https://terra.money/
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