Stablecoins, a variety of cryptocurrency anchored to or backed by a real-world asset to maintain its value, are believed to be a significant part of the long-term future of cryptocurrency usage.
However, one stablecoin, TerraUSD, which was anchored to the value of the U.S. dollar, recently saw a near-total loss in value which has put the longevity and legitimacy of stablecoins into question.
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