Terra 2.0 blockchain validator Orbital Command has released a potential project roadmap for the next three months. It did not rule out the launch of a new algorithmic stablecoin.

According to him, initially the first decentralized exchange should appear on the network. At the time of this writing, the Phoenix Finance team has already announced the launch of Terra 2.0 on the blockchain.

Orbital Command noted that the stablecoin should be launched after the DEX launch.

“Once we have DEX, the stablecoin will be critical. The emergence of USDC via the Axelar Network bridge seems like a possibility. Based on high-level chat, local USDT is also a possibility.” Wrote confirmatory.

It did not exclude the launch of a decentralized stablecoin, which would use an algorithmic stablecoin or a model based on the provisioning of other assets.

According to Orbital Command, along with DEX, liquid staking platform providers will appear in the ecosystem. One of them, Stader Labs, has already started a project on the new network.

“As DEX hits the market and liquidity increases, we are likely to see NFT-related activity emerge,” the validator said.

According to him, once the standard set of DeFi tools is launched on Terra 2.0, the network will become “a decentralized hub of the Cosmos ecosystem.”

On May 28, the developers launched the Terra 2.0 mainnet. The listing of the new LUNA tokens was supported by several centralized exchanges, including Binance, Huobi, and Kraken.

At the time of writing, the LUNA is trading around $7.45.

Recall that the media learned about the plans of the South Korean authorities to create an ad hoc Digital Assets Committee after the collapse of the Terra ecosystem.