Emin Gün Sirer, CEO of Ava Labs, Says Don’t Worry About UST Losing Dollar Peg, Bullish Once Dust Settles
There has been a certain amount of panic and a large amount of discussion regarding UST (TerraUSD), an algorithmic stablecoin ostensibly pegged to the US dollar, losing its one-to-one valuation. Currently, UST is recovering trading around $0.9273 but in the past 24 hours, UST traded… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged algorithmic, ava labs, daniel shin, do kwon, emin gün sirer, stablecoin, stablecoins, terra, ust