This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem | Businessinsider

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This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem

, and the lack of confidence is spreading through the ecosystem.

Stablecoins are meant to simply hold their value and remain liquid to facilitate trades in other cryptocurrencies. But Terra's destruction show stablecoins can have all the risk of crypto without any of its upside potential.

 

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