An explainer on stablecoins and the crypto winter
Finshots Daily
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The Stable Coin, Terrar or Us D
Terrar or terraform lab created a stable coin and called it terra us d or us t. It soon became one of the largest coins in the world, with tokens worth 18 billion dollars. But last week its value tanked by 99 point nine%, from over 119 dollars to zero point zero,. The company will have to keep creating more lunas just to ensure some semblance of stability for us t. And if that doesn't work, then the whole thing will collapse.
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