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basis cash
Do Kwon Denies Manipulation Allegation in Laura Shin Interview, Report Suggests Kwon Transited via Dubai
"The Hash" panel discusses the key takeaways from Terraform Labs co-founder Do Kwon's interview with "Unchained" podcast host Laura Shin amid rumors he has left Singapore for Dubai, and whether Kwon's earlier failed algorithmic stablecoin Basis Cash could have been an indication of UST's fate.

UST’s Do Kwon on Earlier Failed Stablecoin Basis Cash
“The Hash” hosts discuss Terraform Labs founder Do Kwon breaking his silence in a new NFTV series produced by Coinage. Kwon’s comments include confirming that he was the pseudonymous “Rick Sanchez” of the Basis Cash project, a story that CoinDesk reported on back in May.

UST’s Design Flaws and Red Flags
In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.
