china cryptocurrency
Cryptocurrency bitcoinElon musk cryptocurrencyChina cryptocurrencyStablecoins are cryptocurrencies designed to maintain a stable level of purchasing power. Notably, these designs are not foolproof, as a number of stablecoins have crashed or lost their peg. gentlemans code For example, on 11 May 2022, Terra's stablecoin UST fell from $1 to 26 cents. The subsequent failure of Terraform Labs resulted in the loss of nearly $40B invested in the Terra and Luna coins. In September 2022, South Korean prosecutors requested the...