The Terra network is powered by a family of stablecoins, each pegged to major fiat currencies all algorithmically stabilized by Terra’s native token, Luna. What are Terra stablecoins? Terra is a family of programmable, digital world currencies open for anyone to transact, save, or build on top of. How are Terra stablecoins used? Terra stablecoins are easier to spend and are more attractive to hold. What is the LUNA token? Terra’s native staking and governance token that accrues value with the expansion of the Terra economy.