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How a stablecoin crash shook the crypto market
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The cryptocurrency TerraUSD had one job: Maintain its value at $1 per coin.
Since it launched in 2020, it had mostly done that, rarely straying more than a fraction of a penny from its intended price. That made it an island of stability, a place where traders and investors could stash their funds in between forays into the otherwise frenzied crypto market.
This...
Read more on fnlondon.comAbout this in other media
More Crypto Market Turmoil Is Predicted by SEC Chairman Gary Gensler wsj.com /2 years ago
Crypto capital gains one of four key areas for Australian Tax Office cointelegraph.com /2 years ago
"Stablecoin" Hasn't Killed Crypto, But It Was A Narrow Escape ndtv.com /2 years ago
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