In a week that has been merciless for cryptocurrencies in general, the Terra project has had a difficult few days.
The TerraUSD (UST) stablecoin, which is supposed to keep a dollar peg, has decoupled considerably from the $1 mark in recent days, dropping to a low of less than 30 cents on May 10th. The ailing project put its whole blockchain on hold for about two hours on Thursday, freezing user payments until the system was unpaused, according to the newest update to the drama.