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Terra's branding at the MLB opening game catches viewers' attention

Published on

April 1, 2023
Read Time:1 Minute, 34 Second

As baseball lovers flocked to Nationals Park in Washington DC for Main League Baseball (MLB) Opening Day, the presence of Terra (LUNA) - the crypto ecosystem that collapsed in Might 2022 - didn't go unnoticed by attendees.

A Twitter consumer attending the Washington Nationals dwelling sport in opposition to the Atlanta Braves on March 30 shared a picture of Terra prominently displayed on a banner with the slogan "A decentralized financial system wants decentralized cash."

"Feels like a stable firm. Will probably be checked out,” the consumer commented on Terra’s distinguished placement within the stadium.

Feels like a stable firm. Will take a look at. pic.twitter.com/o3i9q2SnGA

— The DC Universe (@dcuniverse) March 30, 2023

One other Twitter user announced that the Terra Club, a VIP pre-game venue, is still behind home plate at Nationals Park, as well as "a large left-center sign" promoting Terra.

The partnership between Terra and The Washington Nationals went into effect in February 2022, just months before the collapse of native token LUNA and stablecoin UST.

The Terra community has pledged $38.2 million in UST secured for five years The deal.

Associated: “Wild” – SEC Tracks Terra, Triggering Responses From Crypto Attorneys

The partnership was proposed by the group governance platform by Terra's founder Do Kwon - who's at present incarcerated in Montenegro and can reportedly face harsh jail circumstances, in accordance with an unnamed felony protection legal professional in a Protos report March 29 .

It discovered that circumstances in Montenegro's jails and prisons "haven't modified" from these reported in a 2020 US State Division human rights report.

The report cites a 2015 case through which jail officers had been convicted of torturing and "grievously assaulting" 11 inmates.

Cointelegraph reached out to the Washington Nationals for remark however acquired no response as of the time of publication.

Journal: Unstablecoins: Depegging, financial institution runs and different dangers loom



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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : April 1, 2023
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