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The risk of algorithmic stablecoins - Case example UST (TerraUSD)

Introduction This week the crypto space experienced a heavy setback. UST, the algorithmic stablecoin de-pegged from the 1 Dollar mark and is currently trading below 0.5 US Dollar (12.05.2022) while Luna has lost more than 99% of its value. Before USDT had a market cap of 18.6B and Lun …

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