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 Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments May 2, 2025 Stablecoin adoption and the future of financial inclusion August 19, 2021 Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility March 14, 2024