The Capital Corner

UST Collapse and What it Means for Crypto


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Welcome back to the Crux of Investing & Finance! This week we are taking a look at the collapse of well-known stablecoin UST and its sister coin Luna, both of which took part in the largest and most intense downfall in crypto's history. The Terra ecosystem as it's called has lost investors over $15 billion in the past few weeks, bringing unwanted memories back from the 2008 financial crisis. This serves as a lesson for all crypto investors to be cautious and until Tuesday...Jay

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The Capital CornerBy Investonomics