# These are the least ‘stable’ stablecoins not named TerraUSD

# These are the least ‘stable’ stablecoins not named TerraUSD

” These are the least ‘stable’ stablecoins not named TerraUSD “ The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs. Stablecoins’ stability in question Stablecoin firms claim that each of their issued tokens is backed by real-world and/or crypto assets,…

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# DeFi transforming lending routes on the blockchain

# DeFi transforming lending routes on the blockchain

” DeFi transforming lending routes on the blockchain “ The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-trillion industry by…

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# DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy

# DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy

” DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy “ The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market conditions.  Avalanche-based liquidity protocol Blizz Finance reported that as the price of LUNA…

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