Ethereum cofounder Vitalik Buterin wants average Terra holders to be compensated via 'coordinated sympathy' after the stablecoin's crash

Business Insider

16 May 2022 0 shares 1 views

Business Insider

Published 16 May 2022

The cofounder of the world's second-largest cryptocurrency called for "smallholders" of TerraUSD to be compensated for their losses.

Ethereum co-founder says every ‘average smallholder’ impacted by Terra’s stablecoin crash should be made whole, cites FDIC’s $250,000 as...

"The obvious precedent is FDIC insurance up to $250,000 per person," Vitalik Buterin tweeted, adding that he “strongly..

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