An explainer on stablecoins and the crypto winter
Finshots Daily
00:00
Is the Stable Coin Really Stable?
The number of luna tokens in circulation went up from 300 and forty three million to more than six point five trillion in just a week. To keep up with the fallen price and ensure stability in us. T they had to mint more lunas. But no amount of algoritmic hocus focus was going to help. Once you lose faith in the system, your currency as good as craft paper.
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