Terra buys $200M in AVAX for reserves as rival stablecoins emerge Post author:MiamiCrypto Post published:April 8, 2022 Post category:Near Protocol / Stablecoin / Terra The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX while Near Protocol is rumored to release a new stablecoin. You Might Also Like 3 reasons why Bitcoin is regaining its crypto market dominance May 27, 2022 Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC April 15, 2022 First Regulated British Pound Stablecoin Launched July 11, 2022