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UST Crash Won’t Stop the Industry, Says Morgan Stanley Exec

From blockworks.co

Financial services experts are confident that the digital asset industry will bounce back quickly after this month’s TerraUSD meltdown, they said during a panel discussion at the Permissionless conference in Palm Beach. “I don’t think we’re going to miss a beat here,” Amy Oldenburg, head of emerging markets equity at Morgan Stanley Investment Management, said in response to a question about how the situation might impact digital asset adoption. Algorithmic stablecoins are especially complex, and UST’s crash likely influenced institutional players to take a closer look at the technology behind the tokens, Jessica ... (full story)

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  • Category: Fundamental Analysis