CoinDesk (@CoinDesk): HISTORY: The Terra/UST Collapse of 2022. Three years ago today, TerraUSD lost its dollar peg for the second time in 48 hours, kicking off the death sp…
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HISTORY: The Terra/UST Collapse of 2022. Three years ago today, TerraUSD lost its dollar peg for the second time in 48 hours, kicking off the death spiral that wiped out ~$45 billion and set off a chain reaction (Three Arrows Capital, Celsius, Voyager, FTX) that reshaped the entire industry.