There was a stablecoin that collapsed recently, which one was it?
6 answers
lucas_lewis_inventor
Thu Nov 28 2024
The Terra (UST stablecoin) experienced a dramatic collapse in May 2021. 2. This event sent shockwaves throughout the cryptocurrency industry.
DaeguDivaDanceQueenElegance
Thu Nov 28 2024
The value of Terra plummeted overnight.
SumoPride
Wed Nov 27 2024
Investors and traders were left reeling from the sudden loss.
Nicola
Wed Nov 27 2024
The collapse erased $20 billion in value almost instantly.
BonsaiGrace
Wed Nov 27 2024
It highlighted the volatility and risks associated with the crypto market.