TerraUSD collapse will ‘probably be the end’ of most algorithmic stablecoins, crypto executive says
Luna, the sister cryptocurrency to controversial stablecoin TerraUSD, has fallen to $0. The collapse of algorithmic stablecoin TerraUSD has raised questions about the future survival of similar crypto assets. Dan Kitwood | Getty Images News | Getty Images Algorithmic stablecoins like terraUSDwhich collapsed and sent shockwaves through the cryptocurrency market, is unlikely to survive, the …