# Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
” Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine? “ The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second-largest blockchain after Ethereum (Terra), the depeg contagion seems to be spreading wider. While UST has completely depegged…