UST, a stablecoin that's supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were gaining in the market. Stablecoins have become a dominant force in the crypto markets as they enable investors to hold funds in dollars without leaving the cryptoasset markets. Decentralized finance...