In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, dives into the recent collapse of UST and Luna, exploring the mechanics of algorithmic stablecoins and what went wrong. Learn how the failure of UST triggered a death spiral for its ecosystem and caused ripple effects across the broader cryptocurrency market.
The conversation examines the differences between fiat-backed, crypto-backed, and algorithmic stablecoins, highlighting the unique risks of each approach. Stewart and his guest also discuss how events like this influence regulatory conversations, investor sentiment, and market opportunities. Whether you’re navigating crypto for the first time or watching from the sidelines, this episode sheds light on the complexities and lessons of this high-profile crypto disruption.