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 South African Economist Flags Authoritarian Risks in CBDCs March 8, 2026 Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Moves Away From 1-Month Low April 28, 2022 Will Bitcoin’s 4% Weekend Surge to $28K Lead to More Gains This Week? October 2, 2023