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The Collapse of LUNA & UST and the Vulnerability in Crypto | Nathaniel Whittemore
Hidden Forces
Stable Coins - What's the Latest on Luna?
Stable coins were, for a little while, just a trading feature in the crypto eco system. But that changed dramatically when facebook announced libra. That was an unbelievable wake up call starting gun for governments around the world. And subsequently you have 20 20 and 20 tenty one where thanks to the emergence of defy in 20 20, the supply of stable coins goes through the roof. I mean, this is, you know, you go from something that's...a few hundred million dollars to hundreds of billions of dollars in a very short period of time.
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