Tag: Stablecoin

The TerraUSD Stablecoin Lunacy Explained

One of the more ironic parts of the crypto space over the past few years has been stablecoins. Crypto is a bet on dollar (and other fiat currency) devaluation, yet stablecoins choose to peg and therefore derive their value from the dollar. What? It’s pretty silly stuff. Stablecoins were sup...

The TerraUSD Stablecoin Lunacy Explained

One of the more ironic parts of the crypto space over the past few years has been stablecoins. Crypto is a bet on dollar (and other fiat currency) devaluation, yet stablecoins choose to peg and therefore derive their value from the dollar. What? It’s pretty silly stuff. Stablecoins were sup...