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BUZZING· 74%47m·2022-05-18·Money
BUZZING· 74%47m·2022-05-18·MoneyStablecoin collapse: The horse has bolted
Many Happy Returns · 18
Stablecoins are a core part of the financial plumbing when it comes to cryptocurrency and digital assets. They promise that if you put a dollar in, you will always be able to get a dollar out. But last week saw Terra, one of the largest stablecoins, lose its peg to the dollar and collapse. Investors are estimated to…
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