Terra offers whole Stablecoins whose value is attached to that of a separate asset, such as fiat currencies like the dollar UST, euro EUT, Canadian Dollar CAT, Japanese Yen JPY or other commodities. Stablecoins get their stability from being pegged to assets whose values fluctuate relatively little when compared to others.

In other words, Terra keeps its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand.

Below graph shows the Total supply across each Pegged currency like UST, LUNA, MNT, KRT, SDT in the past 6 months over the Terra network. We could see there is significant rise in the Total supply across most of the currencies towards the end of August.

This graph shows the Total supply with US Dollar (UST) currency in the past 6 months over the Terra network and it seems UST currency had its peek around the first week of September.

This graph gives the Total supply across each pegged currency on a daily basis over the past 6 months and