# UST aftermath: Is there any future for algorithmic stablecoins?
” UST aftermath: Is there any future for algorithmic stablecoins? “ TerraUSD (UST) is an algorithmic stablecoin that is pegged at $1.00. But, on the evening of May 19, it was trading for $0.083. This isn’t supposed to happen, of course, but last week UST, along with its affiliated coin Terra (LUNA), performed a sort…