Terra - Luna, 'Stable coin' disaster/ News of the Money-World Ep #31.

About this item

Title

Terra - Luna, 'Stable coin' disaster/ News of the Money-World Ep #31.

Content partner

National Library of New Zealand

Collection

National Library of New Zealand Catalogue

Description

"Terra and Luna comprised of a sophisticated 'stable coin' that relied on independent market participants arbitraging in order to achieve a 'peg', or anchor to the USD. You can read more about it https://fortune.com/2022/05/12/terrausd-ust-luna-contagion-tether-bitcoin-solana-ether-price-crypto/ here.Many never believed in an automatic, truly free-market system like this could have ever succeeded. Are they right, or are they only right for now?Time will tell but this is certain - trust has be...

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Format

Audio

Date created

[2022]

Creator

Ungaro, Darcy / Quickenden, Paul / Carlyon, Rupert

URL

http://natlib.govt.nz/records/49972525

Related subjects

Investments, New Zealand / Quickenden, Paul Interviews / Carlyon, Rupert Interviews / Podcasts

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