Respond 2 questions in 300-400 words:
Why is Anchor in trouble? What was Anchor’s business model?
What are Tether (USDT) and TerraUSD (UST)? How do they work, and what role do stablecoins play in the crypto ecosystem? What role did stablecoins play in the collapse of Celsius?
The Case Study is attached and make sure any AI is used.
Use the case as your absolute main resource, along with supplemental materials if provided. Your answers should be primarily based on the case. Quote the case precisely to demonstrate thorough reading and analysis. Be specific by referencing the page and section. This ensures you read the case carefully rather than relying on external information. Do not list the case or the supplemental material itself as a reference, as it will trigger the plagiarism tool. You can use external resources and reference them at the end, but your arguments should not be structured around them to stay on subject.
Example of Proper Quoting:
If answering question 1, you should reference specific sections of the case like this: “According to this section on Celsius’s business model, the main issue that led to its collapse was [specific detail](page number)”
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