Rune Christensen
MakerDAO Founder: UST Was a 'Big Ponzi Scheme'
In the aftermath of TerraUSD's (UST) $14 billion collapse, Rune Christensen, founder of MakerDAO, a decentralized credit platform on Ethereum that supports the Dai (DAI) stablecoin, discusses why UST was "basically a big ponzi scheme" and what makes DAI different. Plus, reacting to Terra's revival plan and "community bond."
MakerDAO Founder on Regulating Stablecoins
Following the crash of Terra's algorithmic stablecoin UST, what—if any—regulation should be in place to prevent a similar disaster in the future? MakerDAO Founder Rune Christensen shares his take on the need to regulate algorithmic stablecoins and why they need to be collateralized to work.
MakerDAO Founder on Biden Administration’s Stablecoin Report
A coalition of U.S. financial authorities under the Biden administration published its long-anticipated report and recommendations on the regulation of stablecoins last week.
