Quote from: funteki on May 27, 2022, 04:45:27 AM

Quote from: montana25 on May 13, 2022, 01:52:31 PM

is it possible UST recovered ?

there is no chance to recover for a stable coin which is 0.05 rn

Even lower now unless it has been pumped as I stopped tracking its price. I have lost my faith in stablecoins from here and I would rather keep my money in fiat and banks rather than in stablecoins because the growth possibility is zero while the loss is 100% as proved by UST.

There are rumours that even USDT is under the radar now for hackers and there might be some attacks on tether in the coming days.

Whether that's true or not I don't care but one thing is certain and that is - Stablecoins will never be the same again after what happened with ust. If any stablecoin I am going to use in future and that too for trading not savings, it will be either BUSD or USDC because they are both known exchanges and have some credibility.