4 ms·
What's their balance sheet at the moment assuming 8% of cash is missing? Is it still 1:1 or 1:.94? Also coindesk says TerraUSD is a stablecoin. https://www.c
by bb88 4y ago
What's their balance sheet at the moment assuming 8% of cash is missing? Is it still 1:1 or 1:.94?
Also coindesk says TerraUSD is a stablecoin.
https://www.coindesk.com/price/terrausd/ https://www.coindesk.com/price/terrausd/
Washington Post too:
https://www.washingtonpost.com/business/what-are-stablecoins-why-did-terrausd-go-so-wobbly/2022/07/06/20f1c9a0-fcfc-11ec-b39d-71309168014b_story.html https://www.washingtonpost.com/business/what-are-stablecoins...
Also Gemini says it as well:
https://www.gemini.com/en-us/prices/terrausd-ethereum https://www.gemini.com/en-us/prices/terrausd-ethereum
- bhaak 4y agoTheir balance sheet is still 1:1 as the 8% at SBV has not yet been written off. The market reacts faster of course but the market has no crystal ball. It can't predict what's going to happen.