Understanding the TerraUSD Stablecoin Crash

Source: The Guardian

During the week that is coming to an end, the majority of cryptocurrencies experienced severe losses, Bitcoin (BTC), for example, lost c. 30% of its value.

But no cryptocurrency had a more remarkable crash than TerraUSD (UST), a so-called “stablecoin”. In fact, UST…

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Jeff Scallop

Jeff Scallop

Writing about current affairs, finance, economics, crypto and technology