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 Palau to freeze USD-backed stablecoin after pilot launch in July September 7, 2023 Australian lawmakers send back crypto bill by Andrew Bragg September 4, 2023 Stablecoins are solution to crypto’s banking problem, exec says March 29, 2023