UST aftermath: Is there any future for algorithmic stablecoins?


$ 105,549.3
€ 92,619.5
¥ 38,800.0
£ 78,078.1
BTC
0.90 %
$ 2,520.84
€ 2,212.14
¥ 926.57
£ 1,865.04
ETH
1.51 %
$ 328.42
€ 288.22
¥ 120.67
£ 242.94
XMR
2.25 %
$ 88.14
€ 77.37
¥ 32.40
£ 65.21
LTC
0.67 %

The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.”