@BOMBERuss 20 April 2022 more from that month

To ensure the #UST stablecoin, its developers from the Terraform Labs team began purchasing bitcoins. Last week it became known about the acquisition of another batch of BTC for a total amount of up to $ 100 million. UST surpassed #Binance USD (#BUSD) by capitalization in the rating of stablecoins. The USDT offer has grown to $17.659 billion. Recall that the first and second places, respectively, are held by Tether (#USDT) and USD Coin (#USDC) in the rating of digital currencies with fiat collateral. Their capitalization as of April 19 was just over $82.814 billion and $49.905 billion. According to the analytical company Delphi Digital, Terra has become the largest buyer of the Convex CVX token over the past 30 days. During this time, developers have invested more than $17 million in this digital asset. Reserves for UST are acquired by the non-profit organization Luna Foundation Guard (LFG). In addition to bitcoin, she acquired #AVAX tokens and other stablecoins. LFG is a Singapore-based team, in February several crypto funds invested $1 billion in it, including Jump Crypto.