Stablecoins: Why they crashed and what it means for cryptocurrencies - This is Money

TerraUSD, a prominent stablecoin, broke its peg with the dollar and is now trading at near zero which has precipitated a wider crash and even blue-chip cryptocurrencies are suffering.

Popular cryptocurrencies like bitcoin and ethereum have seen prices fall in recent weeks, but stablecoins are also having their moment in their spotlight - and for all the wrong reasons. TerraUSD, a… [+5204 chars]

full article...