Dollar-Pegged Stablecoin TerraUSD Falls to 30 Cents

HONG KONG (Reuters) – Stablecoin TerraUSD, a digital token that is meant to be pegged 1:1 to the U.S. dollar, dropped to 30 cents on Wednesday, as traders waited for a recovery plan promised by its founder. The collapse of the stablecoin this week has roiled cryptocurrency markets, already under …