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  • LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves

    • Post author:MiamiCrypto
    • Post published:May 9, 2022
    • Post category:Bitcoin / Do Kwon / lfg / LUNA / luna foundation guard / Terra / Terra USD / terraform labs / UST

    LFG outlined that it will first loan out $750 million worth of BTC to over-the-counter trading firms to manage the capital and “help protect” UST.

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