mStable unifies stablecoins, lending and swapping into one standard. mStable assets are liquidity shares that also function as stablecoins in their own right.
Terra aims to build new financial infrastructure that works better for everyone. The network is powered by a family of stablecoins, each pegged to major fiat currencies all algorithmically stabilized by Terra’s native token, Luna. Terra’s mission is to set money free by building open financial infrastructure.