TerraUSD backer says will compensate some users; bitcoin back below $30000 - Reuters
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5/16/2022 12:00:00 AM2 years 11 months ago
An affiliate of the company behind collapsed stablecoin TerraUSD said on Monday it had spent the bulk of its reserves trying to defend its dollar peg last week, and would use the remainder to try to compensate some users who had lost out.
HONG KONG, May 16 (Reuters) - An affiliate of the company behind collapsed stablecoin TerraUSD said on Monday it had spent the bulk of its reserves trying to defend its dollar peg last week, and woul… [+3019 chars]
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