Terra Stable Coint

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Pera us d is in a class of stable points called outvritmic stable points. While the currency remains itself pegged to a fe currency like the bower, it's not backed explicitly by a dollar in a bank account. For every terra stable coint that's issued, you need to burn a dollars worth of an equo system token called duna and vice versa.

Jason covers China's increasing penalties for Didi (2:52), Twitter's test of a downvote feature (12:13), and how the UAE was able to induce rain with electricity (17:32). Then Do Kwon, the founder of Terraform labs joins (22:38) to discuss his stable coin project TerraUSD (31:18), the underlying cryptocurrency LUNA, and shed light on Tether as crypto insider (59:56).