2min chapter

Odd Lots cover image

This Is How the Terra Stablecoin Actually Imploded

Odd Lots

CHAPTER

Is This a Shake Out in the Stable Coin Space, or Is It a Shake Out?

Bibright: Is this now a shake out in the stable coin space, or what happens now? Do people go to stuff that they ceive to be safe, or does the safe stuff get liquidated because a bunch of hedge funds have luna terra exposure and need to raise money. What exactly happens? Ye, you don't, i think, a lot of those things. I mean, some of it is just correlated to equities, but i think for the most part, there's also some psychological contagion. Some peopleave just sold off actually, much better assets than than luna and us t to defend their position in in lunausty. So i

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