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"Stablecoin" TerraUSD has completely collapsed(hexbear.net)

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amber2 [she/her,they/them]@hexbear.net
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chapotraphouse@hexbear.net
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Its market cap last week was 18 billion, and it’ll probably reach 0 in a day or two

Its complementary coin, TerraLuna, which can usually be exchanged for Terra, is down 97%

:brrrrrrrrrrrr: :stonks-down:

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KiraNerys [she/her]@hexbear.netA
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Foolio [any]@hexbear.net
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I’m too internet poisoned (been following/laughing at this shit for like a decade, it keeps on giving), but point is there’s a lot of people who thought they were getting a savings account, not just crypto bros.

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chapotraphouse

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