The Coin Detective
Coins:
1379
Market cap:
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Volume 24h:
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BTC dominance:
38.2%

Waves Founder on Stablecoin USDN's Depegging Crisis and Plan Forward

By coindesk.com on June 2, 2022


Neutrino USD (USDN), an algorithmic stablecoin of the Waves ecosystem, lost its U.S. dollar peg in April and again in May amid the collapse of TerraUSD (UST), but has since recovered. Sasha Ivanov, founder and lead developer at Waves, addresses the concerns of algorithmic stablecoins and how USDN is different from projects like Iron Finance's Titanium token (TITAN) and UST.

Go to coindesk.com




Related coins: Neutrino USD, Waves, TerraUSD