All Insights|Future Nexus
fintechMay 13, 2022

Stablecoin TerraUSD depegs from $1, levels alongside crypto

Stablecoin TerraUSD depegs from $1, levels alongside crypto

After about 4 p.m. EST, the algorithmic stable coin TerraUSD collapsed 30% in four hours, while its sister coin dropped 97% in a day.

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