Are Stablecoins Still Stable After $Luna Crash? [SGO 39 with Beverly & Jefferson]
Imagine watching the value of your investment go from $90 to $0.35 in a matter of days. That was exactly what happened to $Luna, one of the top-rated stablecoins in the cryptocurrency world. This fiasco has gotten investors wondering: do stablecoins really live up to its name?
To conduct the post-mortem of the $Luna – $UST depegging debacle, we invite crypto TikToker Beverly (@bantsbybev) and SGO crypto resident Jefferson to share their thoughts and analysis on what this catastrophic event mean for the future of stablecoins and cryptocurrency.
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