Share this article

Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse

The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.

TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)
TerraUSD's "peg" was supposed to keep holders safe – just like this unfortunate bollard. Neither, apparently, could take the pressure. (Robert Kneschke /EyeEm/Getty Images)