SHI stablecoin

Unbacked Stablecoin’s Collapse Lost $48B; Crypto Says ‘Let’s Launch Two More’
Unbacked Stablecoin’s Collapse Lost $48B; Crypto Says ‘Let’s Launch Two More’
July 12, 2022  |  Cryptocurrency

Crypto doesn’t learn. In May, terraUSD, a so-called “algorithmic” stablecoin broke its dollar peg, causing a run. Within the space of a week, investors were...

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