Waves Founder on Algorithmic Stablecoin Outlook After Neutrino USDN Depeg

Aug 5, 2022

Neutrino USD (USDN), an algorithmic stablecoin of the Waves ecosystem, lost its U.S. dollar peg 38 times since 2020. Waves Founder and Lead Developer Sasha Ivanov addresses the criticisms surrounding algorithmic stablecoins, discussing the “drastic” difference between Terra’s UST and USDN.

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