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Re:Tether starting to lose its peg too, after Terra did by ryanSrich on Thursday May 12, 2022 @04:55AM (#31351042)
I removed the section on Terra. Like I said, I didn’t want to get into complicating the explanation, but point taken on the nature of algorithmic stables as opposed to collateralized one. The point I was trying to make was that Terra actually did have collateral, in the form of BTC.

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