Name: UST’s Design Flaws and Red Flags
Uploaded: 2022-05-31T14:35:00.000Z
Duration: 8 min 4 s
Description: In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.

CoinDesk 20$1,893.900.68%Bitcoin$66,641.690.54%Ethereum$2,032.201.19%XRP$1.301.67%Solana$79.511.18%

UST’s Design Flaws and Red Flags | CoinDesk Videos

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CoinDesk 20$1,893.900.68%Bitcoin$66,641.690.54%Ethereum$2,032.201.19%XRP$1.301.67%Solana$79.511.18%

UST’s Design Flaws and Red Flags | CoinDesk Videos