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Bitcoinist 2022-05-09 17:00:44

How Terra Is Using Its Bitcoin Reserves To Keep UST Stable

Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has […]

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