613. Peak Stablecoin Fear | FTX Adds Massive USDC Utility + Terra Luna 2.0 Drama

May 19, 2022 · 21m 59s
613. Peak Stablecoin Fear | FTX Adds Massive USDC Utility + Terra Luna 2.0 Drama
Description

Aggregate stablecoin supplies declined by a total of $8.4 billion in the last month. This has been the largest decline in history. This is undoubtedly in part due to the...

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Aggregate stablecoin supplies declined by a total of $8.4 billion in the last month. This has been the largest decline in history. This is undoubtedly in part due to the Terra Luna UST stablecoin drama still dominating the news cycle. Meanwhile, FTX dropped massive news that may affect the future growth of USDC. For the first time in industry history, retail brokerage accounts can be funded with fiat-backed stablecoins such as USDC.

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00:00 intro
00:28 Stablecoin Supply Decline
02:05 Max Keiser Blames Luna
03:23 Terranos
04:20 Do Kwon Lawsuits
05:31 Terra Luna 2.0 vote
11:10 Luna Burn
13:03 Binance Poaches Luna Ecosystem
13:50 Sponsor: iTrust Capital
14:56 Investors Fleeing DeFi
15:38 DeFi Sentiment
16:26 Terra Legal Team Quits
16:49 Tether Releases Assets Report
18:33 FTX Stock Trading Using USDC
21:29 outro

#Crypto #TerraLuna #Bitcoin
~Peak Stablecoin Fear | FTX Adds Massive USDC Utility + Terra Luna 2.0 Drama~
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Author Rever Networks
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