Crypto Chat: Terra's UST stablecoin unraveled last week and the entire crypto market was shaken up, now what?

May 18, 2022
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.

Crypto Weekly: The UST Unwind and Its Implications

Crypto Market Update from Sean Farrell

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Reports you may have missed

Walter Teng, Digital Asset Strategy Associate, recently reported an overview of the Anchor Protocol (ANC) in our DeFi Digest publication, noting a 19.5% earn rate. Walter provides a brief overview of the protocol and what’s shifted in the last few days. (UST -0.71% ) DEFI DIGEST: ANCHOR PROTOCOL

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 1/1

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 1 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In