coinpedia
2022-05-16 20:26:40

After Terra’s UST, This Stablecoin Loses it’s Peg.What’s The Future Of Stablecoins?

The post After Terra’s UST, This Stablecoin Loses it’s Peg.What’s The Future Of Stablecoins? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe crypto economy was under complete volatility for the past few weeks, but the space faced had the worst one after one of the largest stablecoins, TerraUSD (UST) de-pegged from its $1 value. After UST de-pegged, Do Kwon, the founder of Terraform Labs, shared an update regarding the rescue plan wherein he said the investors …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.