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Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 30 cents - TL;DR CNBC

Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 30 cents

Publishing timestamp: 2022-05-11 08:17:20


Summary


Sentiment: NEGATIVE

Tickers: LUNA.CM=BTC.CM=ETH.CM=UST.CM=

Keywords:

Source: https://www.cnbc.com/2022/05/11/terra-ust-stablecoin-dives-below-1-peg-luna-cryptocurrency-down-80percent.html


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