Bitcoin loan rates
These include white papers, government data, original reporting, and interviews with industry experts. Luna Terra refers to an open-source blockchain protocol for stablecoins and apps and is one of two main cryptocurrency tokens under this protocol. Like the Lehmann Brothers collapse, this is due to the age-old human story of greed, arrogance, and disregard for the responsibility bestowed upon certain individuals. The centralized stablecoins like Tether USDT , which are often criticized for insufficient cash reserves, look helpless in times of crisis.