UST Stablecoin BLOW UP is Trojan Horse for FedCoin

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3 years ago
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The stable coin UST is widely used, but has lost the ability to defend its peg. Sign Up for iTrustCapital Today (Get $100 of BTC) https://itrust.capital/heresy
While it has been violently selling off its bitcoin in order to defend the peg, it failed and both Terra and Luna as a result are blowing up. This is the inevitable result of a price peg as the economic reality is that value constantly and dynamically changes, so static relationships cannot be enforced in perpetuity.

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#luna #stablecoin #ust #terra

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