Ethereum co-founder says every ‘average smallholder’ impacted by Terra’s stablecoin crash should be made whole, cites FDIC’s $250,000 as ‘precedent’

[David Gorsline]

Is this a 'backdoor' way for Buterin to push for US government regulation in the Crypto space?

Ethereum co-founder says every ‘average smallholder’ of Terra’s stablecoin should be made whole: ‘The obvious precedent is FDIC insurance’

"The obvious precedent is FDIC insurance up to $250,000 per person," Vitalik Buterin tweeted, adding that he “strongly supports” helping the “average UST smallholder."

fortune.com