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Back in May, the world watched as one of the biggest projects imploded.
The project once known as TerraUSD, a stablecoin that claimed it was going to transform the crypto market and the way traditional payments would be made in the future. Instead, investors watched as its market value dropped by almost 99% within 24 hours. What led to this death spiral and, more importantly, what does the future hold for crypto investors?
Special guest Omid Malekan, author of Re-Architecting Trust: The Curse of History and the Crypto Cure for Money, Markets and Platforms and an adjunct professor at Columbia Business School, will help break down the story in Episode 50 of The Great Fail.
Stream the new episode below, listen and subscribe on Apple Podcasts or find it on Spotify.
