5 stories mentioning it. Newest first.
TerraUST's $40 billion wipeout was a category failure, not a one-off. Every algorithmic stablecoin since has run the same death-spiral math, just with better branding.
Terra wiped out $40B in days. Six years later, only over-collateralized and basis-trade designs survive, and the seigniorage model still keeps failing.
The team says no contract or product security issue has been found, but a 60% flash move on a Binance Labs-backed token raises harder questions about who was selling and why.
The adoption story is gaining traction, but the market still lacks the cash buying needed to turn improved network signals into a durable XRP move.
STRC fell as low as $82.53 against a $100 target and an 11.5% dividend, but the bond-to-UST framing ignores that the instrument is preferred equity, not a stablecoin, and has no peg to break.
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