How TerraUSD, a Digital Token Designed to be Stable, Fueled a Crypto Crash
Bitcoin and other cryptocurrencies went from bad to worse as selling pressure spread across the tech landscape. But the latest crypto crash was also fueled by stablecoins, a type of token that’s supposed to hold up when everything else tanks.
Stablecoins are designed to maintain a fixed value, typically at $1 per token. But a fast-growing…
