The world of crypto has been on one hell of a ride – and it’s still not clear where it will all lead.

In a nutshell, the entire crypto market crashed last week after a cryptocurrency called Terra, which was designed specifically to be stable – by tying it to the U.S. dollar using an algorithm – lost that peg and cratered in value. The so-called stablecoin used a partner coin called Luna to help keep its peg to the dollar. But Luna is now worth next to nothing after trading at $60 only a week ago. More traditional stablecoins like tether also temporarily lost their pegs, and major cryptocurrencies including bitcoin and ethereum plunged, wiping out several hundred billion dollars in digital assets and causing panic among crypto investors.

So, why does all this matter? Well, if you were heavily invested in crypto, you’ve likely just suffered significant losses – for some, even life savings. But more fundamentally, it’s sort of an existential crisis: If you can’t trust a stablecoin to be, well, stable, what in the crypto universe can you trust?

My colleagues over in the U.K. have been hot on the story and published three smart takes on what’s happening. The first, from Matthew Shillito at the University of Liverpool, argues that the crypto collapse shows a dire need for more regulations, warning that recent volatility “could destabilize the entire sector.”

A second piece, penned by a trio of scholars with expertise in financial technology and economics, explains the nut and bolts of what’s transpiring and where the market goes from here.

Finally, Peter Howson, senior lecturer in international development at Northumbria University, ponders a bright side from the crypto sell-off: It may help fight climate change.