UST aftermath: Is there any future for algorithmic stablecoins?
The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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