Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin Post author:MiamiCrypto Post published:February 22, 2022 Post category:Bitcoin / Business / LUNA / Stablecoin / Terra / UST Terra said it chose to denominate the Forex Reserve in Bitcoin because it considered the crypto asset “less correlated to the Terra ecosystem.” You Might Also Like Indian Government Has No Plans to Recognize Bitcoin as Currency November 29, 2021 Marathon Digital announces immersion crypto mining operations in Abu Dhabi May 9, 2023 Hong Kong Approves First Spot Bitcoin and Ethereum ETFs April 15, 2024