It wasn't because of the USTC contract announcements that made USTC to rally up, it was from a news about Do Kwon’s Extradition Approved by Montenegro Court. Apparently, Do kwon the confounder of Tera Luna and USTC stable coin has been hiding and found in Podgorica's airport, he was arrested and the court rule for him to extradited to US where will go and pay for his crime and meet his fellow crime members like Sam Bankman. So, speculators saw the news as bullish recovery for investors and pumped the dead coins and Binance upon see the progress and volume, they thought it's a good ideas to list the futures for traders to gamble.

If not for greed and too much looking for ways to make money, why will any sane person will want to buy a stablecoin that has lost billions of investment, where will that recovery comes from because the damage Luna did was way more than FTX but it's just that FTX was like stealing because they are exchange that used users fund for personal gains while Luna was a complete protocol manipulation that kills dreams of many but still have to pay for his crimes.