After the collapse of Terra, the future of stablecoins in question

In this article, Cyril Sabbagh looks back on the Terra LUNA saga, explaining how and why it happened, and gives his perspective on stablecoins more generally

At the time of the crash, the UST was the 3rd largest stablecoin, with $19bn, the LUNA token meanwhile occupied the 9th place in terms of capitalization with $21bn. All in all, nearly $40 billion evaporated in a few days.

To read the full article : https://bit.ly/3wsIBX4

Disclaimer

This information is educational, and is not an offer to sell or a solicitation of an offer to buy any security. This information is not a recommendation to buy, hold, or sell an investment or financial product, or take any action and must not serve as the basis for any investment decision. All investments involve risk, including the possible loss of capital. Past performance does not guarantee future results or returns. Before making decisions with legal, tax, or accounting effects, you should consult appropriate professionals.

The information relayed in this article must be considered and analyzed in light of all the risks identified in the fund’s pre-contractual documentation, which you can find via the following link.

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