Co-Founder of USDT And ETH Do Not Believe In Algorithmic Stablecoins
TerraUSD’s failure has shattered the hopes of algorithmic stablecoins. Co-founder of Tether and Ethereum says the structure of UST is defective. The issuer of USDC states that the UST structure is a very high-risk foundation for a stablecoin. The recent market crash of the crypto industry has devastated the hopes
June 2, 2022
2 mins read
