Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’ Post author:MiamiCrypto Post published:May 12, 2022 Post category:burn / Proof-of-Stake / Stablecoin / Terra The Terra Money Twitter account shared the finer points on Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA. You Might Also Like Crypto Industry Pushes Back Against Bank of England Stablecoin Ownership Caps September 15, 2025 Bybit and Circle Partner to Expand Global USDC Adoption December 8, 2025 Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months September 18, 2021
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