According to Coingecko, Terra (LUNA) blockchain's algorithmic stablecoin Terra USD (UST) has surpassed Binance USD (BUSD) to become the third-largest stablecoin in the market. Reportedly, UST's total market capitalization has surged 15% over the past 30 days to sit at roughly $17.5 billion at the time of writing. This figure currently places UST as the third-largest stablecoin after flipping BUSD with a slightly lower market cap of $17.46 billion.