How the collapse of Terra's UST will impact the future of stablecoins | Interview
Channel: Cointelegraph
Date: 2022-05-18

Senior commodity strategist at Bloomberg, Mike McGlone, and financial commentator, Frances Coppola, discuss the implications of the Terra (LUNA) collapse. 

0:00 Intro 
0:57 What are the consequences of Terra’s meltdown for the crypto market? 
5:35 Is people’s trust in Tether dwindling? 
6:58 How has Tether handled the crisis? 
13:30 How can exchanges pose a threat to crypto’s financial stability? 
14:15 Does Terra’s collapse mark the end for algorithmic stablecoins? 
17:06 Outro 

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