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UST Backer LFG Seeks $1B to Shore Up Stablecoin Peg: Report
The funding is needed because the dollar-pegged stablecoin dropped as low as 60 cents Monday amid broader market turmoil.
By Sam Kessler
Updated May 11, 2023, 6:50 p.m. Published May 10, 2022, 8:41 p.m.
