The TerraUSD (UST) token crashed to lows of $0.61 on Monday as it massively de-pegged from the $1 peg even as the broader crypto market bled amid the worst sell-off of 2022. UST has since moved back up amid a raft of measures to reestablish the peg by the Luna Foundation Guard, the organization that […]
UST crash shows dangers of un-backed DeFi stablecoins, says Yield App CEO
