Luna Foundation Guard purchases additional 37,863 BTC as part of reserve strategy Post author:MiamiCrypto Post published:May 5, 2022 Post category:Investments / Stablecoin / Terra The purchase, totaling roughly $1.5 billion, will be used to further backstop Terra Luna’s UST stablecoin. You Might Also Like RLUSD Adoption Builds as Ripple’s Stablecoin Exceeds $100M in Circulation February 13, 2025 a16z’s Chris Dixon tops ‘Midas List’ by turning $350M into $6B in 2021 April 13, 2022 Ripple Starts Beta Testing of USD-Pegged Stablecoin on XRP Ledger and Ethereum August 9, 2024