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How the collapse of Terra's UST will impact the future of stablecoins | Interview
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Senior commodity strategist at Bloomberg, Mike McGlone, and financial commentator, Frances Coppola, discuss the implications of the Terra (LUNA) collapse.
0:00 Intro
0:57 What are the consequences of Terra’s meltdown for the crypto market?
5:35 Is people’s trust in Tether dwindling?
6:58 How has Tether handled the crisis?
13:30 How can exchanges pose a threat to crypto’s financial stability?
14:15 Does Terra’s collapse mark the end for algorithmic stablecoins?
17:06 Outro
#Cointelegraph #Bitcoin #CryptoMarkets
Follow COINTELEGRAPH:
Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.
0:00 Intro
0:57 What are the consequences of Terra’s meltdown for the crypto market?
5:35 Is people’s trust in Tether dwindling?
6:58 How has Tether handled the crisis?
13:30 How can exchanges pose a threat to crypto’s financial stability?
14:15 Does Terra’s collapse mark the end for algorithmic stablecoins?
17:06 Outro
#Cointelegraph #Bitcoin #CryptoMarkets
Follow COINTELEGRAPH:
Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.
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