As you know, it's not the first time we talk about the Youtube channel Bloomberg Markets and Finance on Croblanc, and each time it always captivates you so much! At the same time, we understand you, the contents that we find there are simply unique. Sometimes we hesitate to write an article because we don't know if you will like it, but today we know that this video will interest you.
We propose you today to find the last video of the Youtube channel Bloomberg Markets and Finance which is simply called TerraUSD Stablecoin Plunges, Backers Seek Rescue Plan. If you liked it, don't hesitate to like the content to support the author of the video!
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For your information, you can find below the description of the video TerraUSD Stablecoin Plunges, Backers Seek Rescue Plan published by the Youtube channel Bloomberg Markets and Finance:
The TerraUSD algorithmic stablecoin continued to spiral lower, trading at less then 30 cents. Backers of the coin are trying to raise about $1.5 billion to shore up the token after it crashed from its dollar peg, according to the founder of a firm that was approached about the deal. Sonali Basak has more on "Bloomberg Markets."