Terra’s parent entity Luna Foundation Guard (LFG) has been on a massive Bitcoin acquisition spree to peg BTC to its stablecoin UST. Terraform Labs founder Do Kwon recently said that he’s even willing to become the second-largest Bitcoin holder after Satoshi Nakamoto.
Terra Founder Addresses Concerns on Any Loss of Bitcoin Peg to UST Stablecoin
coingape.com
05 April 2022 04:52, UTC