Trust in stablecoins ‘infinitely more important’ than collateral -Breaking
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Trust in stablecoins ‘infinitely more important’ than collateralA number of questions need to be asked about the market impact of TerraUSD’s (UST) collapse on the cryptocurrency market.
Sang Lee is co-founder of VegaX Holdings, a crypto financial services provider. Decentralized stablecoins are better than their central counterpartsBut he believes they should be coins people trust. This poses a problem for the industry.
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