Breakingviews – Stablecoin panics may be a feature not a bug – Reuters.com

Breakingviews – Stablecoin panics may be a feature not a bug – Reuters.com

Stablecoins are failing to live up to their name. TerraUSD, one of the many cryptoassets whose value was supposedly pegged to the U.S. dollar, imploded last week. And tokens issued by $80 billion behemoth Tether, also linked to the greenback, briefly traded a…

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