Asian blockchain startup Terra raises $32m to build ‘stablecoin’

Bitcoin
A token representing Bitcoin virtual currency sits among cables and LED lighting inside a 'mining rig' computer in this arranged photograph in Budapest, Hungary. Photographer: Akos Stiller/Bloomberg

South Korea and Singapore-based blockchain startup, Terra, said it has raised $32 million in seed funding to build a new “price stable” cryptocurrency or “stablecoin”.

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