UST Stable coin found to be unstable. Dropped to 65 cents on Monday - Upgoat - "what's upgoat!"

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UST Stable coin found to be unstable. Dropped to 65 cents on Monday
submitted by v0atmage to Crypto 3.0 yearsMay 10, 2022 11:52:37 ago (+5/-2) (www.coindesk.cytm)
https://www.coindesk.cytm/business/2022/05/09/ust-stablecoin-falls-below-dollar-peg-for-second-time-in-48-hours

Fixed link:
https://www.coindesk.com/business/2022/05/09/ust-stablecoin-falls-below-dollar-peg-for-second-time-in-48-hours/

Also relevant: https://www.coindesk.com/policy/2022/05/10/ust-woes-draw-spotlight-in-janet-yellens-senate-hearing-on-financial-risks/

4 comments block

La_Chalupacabra 1 points 3.0 years ago

F