@The.Part.Time.Economist 14 May 2022

Not So Stable??? - An Analysis of Stablecoins https://www.youtube.com/watch?v=-DPifouB5WY The recent collapse of the Terra ecosystem and the Luna cryptocurrency has left many investors holding worthless bags of a failed crypto, and the collapse of the UST stablecoin has shaken the confidence that many crypto investors had in stablecoins. Although I can't get into any coin specific analysis, I do think the collapse of the Terra cryptocurrency ecosystem presents a valuable teaching point, and I think today is a perfect time to deep dive into stablecoins. In today's post, I'll explain what a stablecoin is, why they are used in cryptocurrency, and compare and contrast the different ways in which stablecoins maintain their value.