Why Did Terra Collapse, Will "Recovery Plan" Work?: An Analysis

PUBLISHED ON: May 13, 2022 | Duration: 11 min, 38 sec

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Terra's stablecoin collapsed, trading at a value of 0.16 to the dollar -- roiling crypto markets considerably, at a time when markets are already under pressure. What are the factors that led to this and will the Terra bosses' recovery plan now work out?
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