Luna Foundation Replenishes $UST Reserves With 28,205 Bitcoin

May 10,2022,08:27

According to Bitcoin Magazine, the Luna Foundation replenishes UST reserves with 28,205 Bitcoin. Previously, Luna Foundation Guard (LFG) tweeted that due to recent market volatility and to protect the stability of Terra's economic system, LFG plans to loan $750 million worth of $BTC to OTC trading firms to help protect the $UST peg.

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