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 Luna token price is soaring, but is the network’s growth sustainable? March 21, 2022 USDR stablecoin depegs to $0.53, but team vows to provide solutions October 12, 2023 Yield-Bearing Stablecoins Witness a Stampede for the Exits After 3 Tokens Collapse November 9, 2025