Algorithmic stablecoins are far more complex than standard stablecoins. While they are pegged to a particular asset, they use algorithms to try to hold the peg in place.
TerraUSD is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it collapsed and sent shockwaves through the crypto market.
TerraUSD is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it collapsed and sent shockwaves through the crypto market.
TerraUSD is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it collapsed and sent shockwaves through the crypto market.
TerraUSD is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it collapsed and sent shockwaves through the crypto market.