The stablecoin market has suffered its steepest monthly contraction since the collapse of Terra’s Luna and UST in 2022. Data from DeFiLlama shows at least $6 billion wiped from total stableco

Key Points: Terraform Labs secures $1.3B settlement court approval. Settlement impacts Terra Classic, LUNA, and USTC. Focus on verified creditors' fair allocation. The $1.3 billion settlement