Tag: USTs
Terra announces to burn all USTs 1,388,233,195 UST, accounting for 11% Supply
With UST out of the peg for days now, Terra had to find a way to absorb today’s vast supply of UST. This puts a lot of pressure on LUNA’s…
Rumor: Luna Foundation Guard May Prepare $1 Billion Funding To Help Revitalize UST’s Peg Against Dollar
Luna Foundation Guard (LFG), Terra’s stablecoin custodian, is looking to raise over $1 billion, according to reports.of The Block LFG will use the cash to help revive the peg against…
Do Kwon Reveals Plan to Increase UST’s Bitcoin Reserves to $3 Billion
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