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Stablecoins = Hyperinflation?

TerraUSD and Luna is hyperinflation at its truest

As I was writing my article on how UST (TerraUSD) and its sister crypto Luna went down in flames, it occurred to me that this was a textbook example of hyperinflation.

It’s extremely ironic if you think about it — a cryptocurrency, which was designed to fight against (and profit from) fiat currency…