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 Bitcoin price reclaims $35K — Will ATOM, UNI, NEAR and AXS rally next? November 6, 2023 Moody’s to build scoring system for stablecoins: Report January 26, 2023 Bybit expands spot USDC trading pairs as support for stablecoins grows August 31, 2022