Nightmare on Crypto Street: Investors share their pain as TerraUSD stablecoin crashes

IT started as a small thrill, and hopes that the US$1,000 invested in Terra’s USD (UST) will repeat what Bitcoin did for its investors when it skyrocketed from US$1,000 to US$20,000 in 2017.

That dream came crashing down this week. 

Speaking to The Business Times without wanting to be identified, a young investor shared the appeal of these virtual assets that exist entirely on the digital realm.