%0 Journal Article %T Elementary computation of the stable reduction of the Drinfeld modular curve $X(¦Ð^2)$ %A Takahiro Tsushima %J Mathematics %D 2011 %I arXiv %X We compute the stable reduction of the Lubin-Tate space $X(\pi^2)$ in the equal characteristic case, on the basis of Coleman-McMurdy's ideas. Namely, in this paper, we actually construct a stable covering of $X(\pi^2).$ This paper also includes intersection multiplicity datum of the stable model of $X(\pi^2)$. Our method is very explicit and elementary. %U http://arxiv.org/abs/1109.4381v1