The US government is on the verge of breaking all the stable coins that’s pegged to US dollar, example usdt.
This is why Luna stable coin is so important (UST). Luna stable coin isn’t pegged to US dollar it’s rather pegged to its blockchain algorithm. Algorithmic stable coin.
During the hard crash, we saw the unbelievable. Ust ( Luna stable coin) was able to withstand the crash even better than all the dollar pegged stable coins, this was one of the reason that made Luna pump so hard even in the middle of the crash, infact when Bitcoin was crashing hard Luna went to all time high.
Luna is solving one of the most critical problem in this space.
No doubt, US government will break the dollar pegged stable coins soon.
Major reason you should consider bagging as much Luna as possible and hold on for dear life.
Atleast it’s more conservative right now.
Not a financial advice. Oops!…