Crypto Chat: Terra's UST stablecoin unraveled last week and the entire crypto market was shaken up, now what?
May 18, 2022
Authors
Walter Teng, CFA
AC
Carrie Presley
The chart in this report is only accessible to members
*Recorded May 16, 2022
Last week Terra’s UST ($UST) took a drastic plunge, losing its dollar peg, shaking up the crypto market, and the incident exposed the weakness of algorithmic stablecoins.
Walter Teng & Carrie Presley discuss the Terra Luna ($LUNA) ecosystem, including recent developments from Do Kwon, co-founder of Terra Luna blockchain.