UST Stablecoin BLOW UP is Trojan Horse for FedCoin
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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