#29 - Algorithmic Stablecoins, A Terrable Idea

Fat Tailed Thoughts

Jun 08, 2022•35 min•Season 1Ep. 30

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Episode description

Terra blew up. Runs followed on other algorithmic stablecoins and many followed suit. Little about their failure was novel. They all implemented models we've seen fail before with fiat. We explore why they failed, how this could have been avoided, and consider the path forward for regulation.

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