UST MELTDOWN: The End of Terra As We Know It?
Real Vision Finance
639K subscribers
The not-so-stablecoin TerraUSD and its sister token Luna are in freefall, dragging the wider market down and renewing concerns about stablecoins. This UST meltdown would mean the end of Terra as we know it? Our expert panel analyzes all of it today.
The stability was meant to be underpinned by an algorithm that appears to have failed spectacularly under pressure from a wider crypto sell-off. Jessica Walker, CMO of Fluid Finance, and Leslie Lamb, CMO of CoinFLEX and Host of the "Crypto Unstacked" podcast, join Real Vision's Ash Bennington to assess the immediate facts and their wider impact. Recorded on May 11, 2022.
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