Luna landing: Crypto chaos

Published: May 17, 2022, 10:14 a.m.

b'Stablecoins are essential to the financial plumbing of the cryptocurrency world. They\\u2019re pegged to a real-world asset, usually the dollar. But when that peg breaks, things can turn ugly in a hurry. Much of India is suffering through a particularly blistering and costly heatwave. And Indonesians\\u2019 love of songbirds is threatening wild bird populations within and beyond Indonesia itself. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer


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