Are stablecoins even stable anymore?
That’s the question many crypto investors are asking right now.
Stablecoins have been in the news this week due to the blowup in the UST coin.
The LUNA crypto plunged from over $100 to less than a penny.
That’s a 99.99999999999% crash!
In today’s video, I explain what’s going on with stablecoins right now.
(If you’d prefer to read a transcript, click here.)
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Editor, Strategic Fortunes
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Indie Semiconductor Inc. (Nasdaq: INDI) provides automotive semiconductors and software solutions for advanced driver assistance systems. The stock rose 32% after several analysts upgraded the stock and raised its price target following its first-quarter report.
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Affirm Holdings Inc. (Nasdaq: AFRM) operates a platform for digital and mobile-first commerce. It is up 27% after it reported better-than-expected third-quarter results that finally started to show the benefits of the deals it struck with Amazon and Shopify last year.