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Infusion of $3.5bn not enough to revive Terra's 'stablecoin'

Tuesday May 17, 2022. 03:06 AM , from TheRegister
Estimated $42bn vanished with collapse of UST, Luna – we explain what all this means
TerraUSD, a so-called 'stablecoin,' has seen its value drop from $1 apiece a week ago to about $0.09 on Monday, demonstrating not all that much stability.…
https://go.theregister.com/feed/www.theregister.com/2022/05/17/terrausd_luna_crash/
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