Terra buys $200M in AVAX for reserves as rival stablecoins emerge Post author:MiamiCrypto Post published:April 8, 2022 Post category:Near Protocol / Stablecoin / Terra The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX while Near Protocol is rumored to release a new stablecoin. You Might Also Like Biometric Crypto ID Project World Adds Native Support for USDC Stablecoin June 12, 2025 Bitso Launches Stablecoin Startup Accelerator ‘The Push’ January 30, 2025 Bank of England will get more power in regulating stablecoins August 8, 2023