The vultures are looking to move in. Morgan Stanley says UST failure wont stop the technology. Institutions are looking at the technology behind algorithmic stablecoins.
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The vultures are looking to move in. Morgan Stanley says UST failure wont stop the technology. Institutions are looking at the technology behind algorithmic stablecoins.
Posted Using LeoFinance Beta
Now that is something good! At least somebody isn't wavering :)
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I guess they think they can serve the place of Terra by having the funds to back up the coins directly. I guess it could be better compared to UST and we don't have to worry about them not having enough dollars.
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