Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin Post author:MiamiCrypto Post published:February 22, 2022 Post category:Bitcoin / Business / LUNA / Stablecoin / Terra / UST Terra said it chose to denominate the Forex Reserve in Bitcoin because it considered the crypto asset “less correlated to the Terra ecosystem.” You Might Also Like Coinbase buys Cobie’s Echo crypto-investing platform for $375M October 21, 2025 Bitcoin rises above $51K as the dollar flexes muscles against the euro December 27, 2021 Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance March 15, 2022