#terrausd

At the end of 2018, we only had 4 stable coins with a market capitalization of more than $100 million. Number 1 was Tether with a marketcap of over $2 billion. Alongside it were TrueUSD, USD Coin and Pax

TerraUSD. / Then Tether. Now Celsius. / HBD still stands. // #DBuzzHaiku #Cryptku

The path to hyperinflation has begun.

Parallel between a fable and current events in the stablecoin market.

TerraUSD on Monday fell below it's $1USD peg, something unheard of for a backed stablecoin. This instability resulted in its governing currency, Terra (LUNA) dropping more than 50% in less than 24 hours.

TerraUSD on Monday fell below it's $1USD peg, something unheard of for a backed stablecoin. This instability resulted in its governing currency, Terra (LUNA) dropping more than 50% in less than 24 hours.

What is happening with #TerraUSD today should demonstrate why having a BTC fund to help stabilize #HBD further is an absolutely terrible idea. #luna #terra

TerraUSD supply does not appear to ever decline

TerraUSD has #50 Rank in Market Cap with $1,903,227,035 TerraUSD has Top Market Cap: $1,903,227,035 TerraUSDMon, Jun 14 / 01:02:47 TerraUSD Price$0.9998 Circulating Supply1,903,655,116 UST Market