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Crisis in Terra's UST Stablecoin Spreads to Neutrino USD on Waves Protocol

Algorithmic stablecoins are under pressure after Terra's UST lost its $1 peg.

Updated May 11, 2023, 6:13 p.m. Published May 11, 2022, 5:24 p.m.
Stablecoin USDN loses its dollar peg. (TradingView)
Stablecoin USDN loses its dollar peg. (TradingView)