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Market Cap: $2,598,943,269,930
24h Vol: $105,822,859,254
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coinpedia
2022-06-02 12:06:22

TerraUSD Crash will Probably be the End of Most algorithmic Stablecoins

TerraUSD Crash will Probably be the End of Most algorithmic Stablecoins

The post TerraUSD Crash will Probably be the End of Most algorithmic Stablecoins appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideStablecoins are cryptocurrency usually pegged to real-world assets, and were supposed to be pegged to the U.S. dollar. Whereas stablecoins like tethered and USD coins are backed by real world assets like fiat currencies and government bonds in order to maintain their dollar peg, USD is governed by an algorithm.  The terraUSD stablecoin collapse has …

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