Behind Waves USDN depeg and how Sasha Ivanov worked to restore the peg by taking on $500M in debt

CryptoSlate’s Akiba sat down with Waves founder Sasha Ivanov to discuss USDN, Waves, the Terra infection, and algorithmic stablecoins in general.

Watch this exclusive interview to hear Sasha’s take on the state of web3 and how it feels to be $500 million in debt trying to save his creation.

look full video here.

The post behind the wave USDN depeg and how Sasha Ivanov worked to restore the peg by taking on $500 million in debt first appeared on CryptoSlate.