The ‘chaos’ check of UST and what lies ahead for its LUNA-tic cost 

2 years ago 108
Stablecoins rose to fame following the trust factor; the value of stablecoins is based on people’s trust in the company holding the collateralized reserve asset. But, that trust may waver on occasion. The third-largest stablecoin by market cap Terra USD (UST) appears to be in chaos as it continues to lose value against the U.S. […]
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