Cryptocurrency Q&A Which stablecoin collapsed?

Which stablecoin collapsed?

Tommaso Tommaso Tue Nov 26 2024 | 6 answers 1415
There was a stablecoin that collapsed recently, which one was it? Which stablecoin collapsed?

6 answers

lucas_lewis_inventor 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.

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DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Thu Nov 28 2024
The value of Terra plummeted overnight.

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SumoPride SumoPride Wed Nov 27 2024
Investors and traders were left reeling from the sudden loss.

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Nicola Nicola Wed Nov 27 2024
The collapse erased $20 billion in value almost instantly.

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BonsaiGrace BonsaiGrace Wed Nov 27 2024
It highlighted the volatility and risks associated with the crypto market.

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