Terra Validator Opposes USTC Burning, Pushes Alternative Plan To Regain Dollar Peg

• A Terra Classic community member named Rexyz opposes burning USTC tokens to restore its dollar peg.
• Rexyz suggests a reverse split of the USTC token as an alternative solution.
• The reverse split would revalue the stablecoin and potentially lead to the rise of Terra Classic (LUNC) price.
• Rexyz acknowledges that a reverse split would erase existing network debt and investors would have to accept losses incurred during the collapse of the Terra ecosystem.
• The revaluation of USTC could also initiate a recovery of the Terra Classic network and lead to a rise in LUNC's value.

The article presents an alternative solution proposed by a Terra Classic community member, Rexyz. The sentiment is neutral as Rexyz suggests a reverse split of USTC tokens but also acknowledges the potential drawbacks.