The 5 Biggest Lessons From Terra/Luna's Collapse, According to Tascha Che
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In May 2022, investors in the Terra crypto ecosystem experienced a stunning destruction of value: The platform’s stablecoin UST, designed to hold a price of $1, plunged significantly below that mark, and Terra’s cryptocurrency Luna crashed to near zero. For investors, the unraveling revealed that certain stablecoins may not always provide a safety net. In this Unchained podcast episode hosted by journalist Laura Shin, crypto expert Tascha Che assesses the Terra debacle and draws five lessons for investors, who will find some important insights in this timely discussion.
Summary
About the Speakers
Laura Shin is the host of the podcast Unchained and the author of The Cryptopians. Tasha Che is a macroeconomist and the founder of Tascha Labs.
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