UST Stablecoin Loses Dollar Peg
Eh, it will repeg eventually now that they are making it centralized like Dia and Tether. They can artificially inflate it up some non-zero amount backing the stablecoin and it will go back to 1. Pretty good arb opportunity if you have the stomach.Do Kwon: "By my hand, Dai will die"Do Kwon two months later: "i will become Dai"