Terraform Labs’ UST Stablecoin ‘Broke the Buck’
Jeremy Allaire of Circle and CoinDesk reporter Sam Kessler join "Money Reimagined" host Michael Casey for this wide-ranging discussion about stablecoins following the downfall of the algorithmic TerraUSD (UST) stablecoin that lost its peg to the U.S. dollar. Circle is the company behind the USDC stablecoin. The panel reviews the differences among stablecoins, the crash of Terra's luna token, and ripple effects through crypto markets.