- Mark Cuban has called for DeFi and stablecoin regulation after losing money.
- As the Iron Finance token which Cuban invested collapsed from $64 to zero.
- Currently, the stablecoin sector is under the spotlight from US lawmakers.
Cuban invested in the partially collateralized stablecoin project Iron Finance. However, the token is subject to a historical bank run, which resulted in the price of the IRON stablecoin moving off peg. More so, Iron’s native token TITAN dropped by almost 100% over two days from it’s all-time high of $64.
This article was first published on coinquora.com