Tascha Che, founder of Tascha Labs, unpacks the Terra/Luna debacle and reveals what she believes are the five main takeaways from its collapse. Here are some highlights from the show:

• how stablecoin issuers make money
• what caused Terra’s downfall
• why Tascha is bullish on algo stablecoins
• whether she believes undercollateralized stablecoins can work
• how fast market cap expansion without actual network effect equals death for stablecoins
• why she doesn’t believe a stablecoin’s network effects mean much for its success
• why small(er) stablecoins are better
• how blockchains mirror national economies 
• which stablecoins is Tascha excited about
• how FRAX is a stablecoin that resembles fiat currencies
• whether the UST collapse will affect the stablecoin development and further regulation
• how cross-chain agreements would be helpful for the stability of the crypto ecosystem

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Episode Links

 

Tascha Che

• Twitter: 
• • https://twitter.com/TaschaLabs
• Tascha Labs: 

https://taschalabs.com/ 

• Tascha’s thread on nonobvious lessons from the Terra fallout: 
• • https://twitter.com/TaschaLabs/status/1526276308119932928?s=20&t=SCxfocBJoQqTEvCHadjYxA

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