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Benzinga
Benzinga
Business
Adrian Zmudzinski

YOU WONT BELIEVE: Can usdc follow ust s footpath probably not and here s why - You Need To See This

On Wednesday, the cryptocurrency community saw TerraUSD (CRYPTO: UST) the native algorithmic stablecoin of the Terra (CRYPTO: LUNA) protocol lose its peg while bringing LUNA down with it.

Many are now wondering if something similar could happen with traditional stablecoins such as USD Coin (CRYPTO: USDC), but the same scenario cannot occur with such systems. Here's why. 

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