Traders have taken advantage of the Fantom-based lending protocol having hard-coded fUSD and DEI at $1 despite the tokens trading below their pegs. 

The market capitalization of dollar-pegged stablecoins has dropped by $25B in the wake of Terra's collapse.

After UST’s fall, we are starting to see a shift in preference between stablecoins. In this video we take a look into where the big players are allocating their capital.

“Legislation to regulate stablecoins, where used as a means of payment, will be part of the Financial Services and Markets Bill which was announced in the Queen’s Speech,” a spokesman for Her Majesty’s Treasury told The Telegraph.

The Terra ecosystem’s notorious leader is trying to salvage the resources and talent left behind in the wreckage that is UST’s depegging.

Terra’s UST collapse has shattered the foundations of the algorithmic stablecoin market.

Data Indicates Bots Made Off With Huge Sum on Arbitrum

Crypto's largest stablecoin USDT traded as low as $0.95 overnight before recovering.

Terra's Flagship Token is Cratering

Terra Draws the Ire of Crypto Community as Regulators Circle