NEAR Token Jumps Over 20% After UST Integration

NEAR Token Jumps Over 20% After UST Integration
Tokens of Near (NEAR) jumped 23% to $10.80 on Wednesday after an integration with decentralized payments network Terra was announced by developers on Tuesday night.Terra’s UST tokens – stablecoins whose value is algorithmically pegged on a one-to-one basis with the U.S. dollar – are now supported on the high-speed Near network, developers said in the announcement.NEAR traded at $8.6 on Tuesday night before the announcement. Tokens have traded in a tight range of $8.5 and $9.5 before breaking the latter resistance level on Wednesday morning, according to trading data from CoinGecko.Bringing Terra stablecoins to NearIssuing UST on Near is a…