Terra collapse rocked the wider cryptocurrency ecosystem. TerraUSD, a stablecoin pegged to the dollar, collapsed last week.
Centralized exchanges still have a major role to play in facilitating safer access to decentralized finance through advanced risk-mitigation systems. As more and more new people enter the exciting world offered by blockchain technology, we can provide guidance, expertise and risk-mitigations to help ensure that — at the end of the day — they stick around.