The collapse of TerraUSD (UST) in 2022 marked one of the most consequential failures in digital asset history, erasing billions in value and reshaping how regulators, investors and developers evaluate stablecoin risk. Its implosion revealed structural weaknesses in algorithmic design, highlighted liquidity vulnerabilities and exposed how market psychology can accelerate instability. More importantly, the UST… Continue reading The Fallout of UST: Key Lessons from the Collapse of Algorithmic Stablecoins